The IRS has updated the list of the required modifications (LRM) for defined benefit plans. The refreshed list takes into account changes in the plan qualification requirements, regulations, revenue ...
Social Security Administration Commissioner Frank Bisignano in a recent report to the chairs of the House and Senate Appropriations Committees highlighted changes that have been made at the agency he ...
Whither the Pension Benefit Guaranty Corporation in 2025? Did it still show a positive balance, or did it lose ground? The Congressional Research Service takes a look.
There is work to do in heightening individuals’ planning and preparation for retirement, says a new study that examined how 401(k) participants are approaching the transition from saving for ...
Can participants who have been automatically enrolled plans change their mind and receive their deferrals back within a set timeframe?
I’ve been saying that the only thing wrong with the 401(k) system is that there aren’t enough of them for years now. To be fair, the past several years have largely validated that view. Indeed, ...
Will Michigan be the next state to establish a state-run auto-IRA? The state Senate says it could; now it’s the turn of the House to weigh in.
In its comment letter, the American Retirement Association (ARA) urged the IRS to clarify, among other things, that a plan may auto-escalate by more than one percentage point per year and may choose ...