PLANADVISER - The trusted information and solutions resource for ...
网页PLANADVISER is the trusted information and solutions resource for America's retirement benefits decision makers. With its powerful array of customer-driven marketing programs, PLANADVISER offers industry providers an unparalleled ability to …
Explaining True-Up Matches - PLANADVISER
网页2017年10月20日 · However, the number of plan sponsors offering true-up matches may increase in the upcoming years ahead, as a recent defined contribution benchmarking survey from Deloitte found 54% of plan sponsors offered a true-up match in their plan design —nearly a 10% jump from 45% in 2015. For workforces and plans not offering a true-up …
IRS Notice Clarifies SECURE 2.0 Automatic Enrollment, Tax Credits ...
网页2023年12月28日 · Section 101 of SECURE 2.0 requires defined contribution plans that are created after the law was enacted on December 29, 2022 to have automatic enrollment and deferral features starting on January 1, 2025. Specifically, plans must enroll participants at contribution levels of between 3% and 10% of salary and escalate by 1 percentage point …
Unpacking New Use of 529s to Invest in Roth IRAs - PLANADVISER
网页2024年8月23日 · It also may provide piece of mind for a growing tax-deferred savings vehicle: according to findings earlier this year from ISS Market Intelligence, which, like PLANADVISER, is owned by ISS STOXX, 529 assets grew 5.7% in the first quarter of 2024 and 15.6% over the past year. Account balances also, on average, increased 1% during …
DOL Updates Guidance on Audit Independence Rules
网页2022年9月2日 · The U.S. Department of Labor has issued new guidance for retirement plan fiduciaries, technically referred to as Interpretive Bulletin 2022-01, that addresses the rules about audit independence that apply to retirement plans governed by the Employee Retirement Income Security Act. Want the latest retirement plan adviser news and insights?
Voya Tops $100B In Multiple Employer Assets - PLANADVISER
网页2024年8月20日 · Voya Financial Inc. has surpassed $100 billion in assets across its multiple employer solutions, which includes multiple employer plans, pooled employer plans, employer aggregation programs and other customized solutions. The figure marks a 15% increase in total assets compared with the same period last year, as the firm leans into …
IRS Publishes Revised Form 8881 - PLANADVISER
网页2023年12月18日 · Last week, the IRS issued a revised form for small businesses to apply for an enhanced tax credit for starting an employee retirement plan, effective from 2023 onward. The simple, Form 8881 marks a symbolic step for a key part of the sweeping SECURE 2.0 Act of 2022 passed at the end of last year. That policy increased the three …
JP Morgan Launches TDF With Guaranteed Income Annuity
网页2024年8月15日 · J.P. Morgan Asset Management announced on Thursday a retirement income investment leveraging a target-date fund with a guaranteed annuity payout in retirement. The firm’s SmartRetirement Lifetime Income TDF is designed to provide a stream of income payments in retirement through annuities from participating insurance …
The ABCs of Special Situations Funds - PLANADVISER
网页2015年9月15日 · Braitberg says special situations funds share several characteristics. First, there are alignments of interest that exist between the fund’s general partners and the investors. “First and foremost,” he says, “the special situations fund is primarily created for the general partners. They see a great investment opportunity for the ...
Lawsuit Alleges TIAA, Morningstar, Pushed Participants Into …
网页2024年8月7日 · Retirement plan participants have filed a class action lawsuit against TIAA and Morningstar for allegedly breaching their fiduciary duty by using a jointly created retirement planning tool to steer participants into TIAA investment products. In a lawsuit filed Monday in U.S. District Court for the Southern District of New York, three plaintiffs ...