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BY NAPA Net Staff 7/24/2017
A group of lawmakers has responded to the Labor Department’s request for information (RFI) on the fiduciary regulation delay – by expressing concern that the RFI would be used as a pretext for revising the final rule.The group of Democratic Senators and Representatives – Sens. Patty Murray (D-WA),...
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BY John Iekel 7/21/2017
The July 1 launch of Oregon's state-run auto-IRA pilot program has been a success, according to a report by the Oregon Retirement Savings Board that looks at the program’s first few weeks, as well as what lies ahead.Status ReportThe minutes of the board’s June 20 meeting report that by then, 11...
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BY Ted Godbout 7/21/2017
Failing to repeal the tax increases contained in the Affordable Care Act will make it much more difficult for Congress to achieve full-fledged, revenue-neutral tax reform. That was one of the key takeaways that emerged from the 2017 NAPA DC Fly-In Forum, held July 18-19 in Washington, DC.Fly-In...
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BY Ted Godbout 7/21/2017
The United States fell three spots to number 17 among 43 countries in a newly released Global Retirement Index that provides a measure of how supportive the climate is for retirement across nations in the developed world.Despite strong showings in health care spending and strength of financial...
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BY Rebecca Hourihan 7/21/2017
What can you do today to create a process that promotes your retirement plan expertise?We are a marketing firm, so when we have the “Does marketing work?” conversation with potential clients, it naturally inspires an answer to the effect of, “Of course!” We have heard the full range of reasons...
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BY Ted Godbout 7/21/2017
Noting that some experts believe that a persistently high part-time employment rate may be a “new normal,” Guardian’s fourth annual Workplace Benefits Study, Part-Time Nation, contends that many part-timers are falling behind financially because part-time workers and contractors are often...
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BY NAPA Net Staff 7/21/2017
Time is running out to vote for your favorite DC wholesalers…
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BY Ted Godbout 7/20/2017
Testifying before a July 19 House Ways & Means Subcommittee on Tax Policy hearing on simplifying the tax code, NAPA Vice President Jania Stout offered several recommendations to help make it easier for small businesses to offer retirement plans and for American workers to save in these plans....
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BY NAPA Net Staff 7/20/2017
The House Education and the Workforce Committee approved legislation July 19 that would repeal the DOL’s fiduciary regulation.Not surprisingly, the 23-17 vote in support of the Affordable Retirement Advice for Savers Act (H.R. 2823) fell along party lines. The bill was introduced June 8 by...
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BY Nevin E. Adams, JD 7/20/2017
The surging stock market may have muted suits brought by participants regarding employer stock holdings – but a new one claims to be “about the defendants’ abject failure, as plan fiduciaries, to protect the interests of the participants.”The plan at issue this time is Sears Holdings Corp., which,...
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