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BY John Carl 4/4/2018
The ERISA consultants at the Retirement Learning Center Resource regularly receive calls from financial advisors on a broad array of technical topics related to IRAs, qualified retirement plans and other types of retirement savings plans. A recent call with a financial advisor from Colorado is...
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BY John Iekel 4/4/2018
With the IRS having rebuffed its recommendation to reconsider the disparate impact on small plans of the new pricing structure for the Voluntary Compliance Program (VCP), the American Retirement Association is recommending changes designed to expand the program and offset that result.In an April 4...
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BY NAPA Net Staff 4/4/2018
Great networking, practical and insightful workshops, the industry's best party... and that’s not all! Check out these inspiring, informative, and dynamic keynotes!Day 1We’ll kick things off with the perennial favorite – and you’ll get the latest insider insight-filled update from Capitol Hill as...
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BY Ted Godbout 4/3/2018
Following in the footsteps of several other states, the Empire State is moving forward with its own voluntary retirement savings program for employees who are not offered a plan through their employer.At a March 30 press conference, Gov. Andrew Cuomo (D) announced that he had reached an agreement...
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BY Nevin E. Adams, JD 4/3/2018
One of the first university 403(b) cases to be filed has had most of its motions to dismiss denied in the U.S. District Court for the District of Connecticut.The suit against Yale University was one of the first to be filed in this area – and by Schlichter Bogard & Denton LLP, the law firm that...
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BY NAPA Net Staff 4/3/2018
The NAPA 401(k) SUMMIT has a long tradition of giving back to the local host communities. This year, we’re supporting two great causes!This year, in addition to participation in the 401k Race, we are giving fundraising on behalf of Second Harvest Food Bank of Middle Tennessee to support their...
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BY NAPA Net Staff 4/3/2018
NAPA began its women-focused initiatives with the creation of the Top Women Advisors accolade. This year, NAPA continues the effort by joining forces with ASPPA for the inaugural Women in Retirement Conference (WiRC).WiRC is designed exclusively for women advisors who want to network with their...
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BY NAPA Net Staff 4/3/2018
Advisors who work with employers in Oregon should be on the lookout for the next wave of OregonSaves registrations.Employers with 50-99 employees in Oregon will need to either register to facilitate OregonSaves or certify that they are exempt from the program by May 15, 2018.While the program says...
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BY Nevin E. Adams, JD 4/3/2018
Much remains unsettled – and, as yet, largely unadjudicated – in the large, and growing series of excessive fee litigation directed at university 403(b) plans. However, certain trends in the litigation have emerged – some very different than 401(k)s, others not. Here’s what to look (out) for.The...
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BY Nevin E. Adams, JD 4/2/2018
March went out like a bear, not a lamb, for average 401(k) balances.In March, estimates based on the actual contribution records and investment choices of several million consistent participants in the EBRI/ICI database indicated that the average 401(k) account balance for younger (25-34), less...
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