Skip to main content

You are here

Advertisement

Andrew Remo

By Andrew Remo | 11/3/2017
UPDATED NOV. 8While much of the focus has been on the potential “Rothification” of 401(k) plans, the Tax Cuts & Jobs Act included a number of other retirement plan-related provisions, including changes that impact hardship withdrawals and loans.Among the provisions of Title I, Subtitle F of the... READ MORE
By Andrew Remo | 6/23/2017
While the vast majority of plan sponsor respondents to a new survey think that eliminating or reducing pre-tax contributions to retirement savings plans is a bad idea, 85% say they would either definitely or probably continue to offer those programs if current pre-tax limits were lowered.However,... READ MORE
By Andrew Remo | 4/24/2017
The Beaver State took another step forward this week to implement the “OregonSaves” program, as the Oregon Retirement Savings Board approved the final rules that will govern the operation of the program.Starting Nov. 15, 2017, Oregon employers with 100 or more employees must begin to register with... READ MORE
By Andrew Remo | 3/31/2017
The U.S. Senate has passed, by a vote of 50-49, a Congressional Review Act resolution that would block the Obama-era DOL’s rule that defined the terms under which cities and counties could create IRA plans that automatically enroll private-sector workers whose employers do not offer a retirement... READ MORE
By Andrew Remo | 2/10/2017
The Oregon State Treasury has put forth a proposal in support of its state-run plan for private sector workers who don’t have a plan at work – that could affect private sector 401(k) plans. The proposal is intended to implement recent changes in state law that will require Oregon employers that don... READ MORE
By Andrew Remo | 9/30/2016
Another state-run retirement program for the private sector is now on the books.California Gov. Jerry Brown (D) signed into law Sept. 29 legislation that will implement the California Secure Choice Retirement Plan. Brown hailed the effort – four years in the making – as helping millions of... READ MORE
By Andrew Remo | 9/27/2016
The legislative package that cleared the Senate Finance Committee unanimously last week included provisions intended to encourage the use of lifetime income products, including a late addition that could turn out to be the most significant.Lifetime Income Selection Safe HarborThat provision –... READ MORE
By Andrew Remo | 9/22/2016
The Senate Finance Committee has cleared two pieces of retirement legislation that are now pending before the full Senate, including one that includes a new brand of multiple employer plan (MEP) for the private sector. Meet the PEP — and the PPP One of the bills, the Retirement Enhancement and... READ MORE
By Andrew Remo | 9/20/2016
The Senate Finance Committee announced that it will meet this week to consider two retirement policy bills – but the real story might be what’s not in those proposals.The first bill, the Miners Protection Act of 2016, will address the funding shortfalls in the United Mine Workers of America (UMWA)... READ MORE
By Andrew Remo | 8/26/2016
Four years after enactment of the California Secure Choice Retirement Savings and Trust Act (S.B. 1234), the California Assembly passed legislation Aug. 25 approving the program’s implementation beginning Jan. 1, 2017. Gov. Jerry Brown (D) is expected to sign the implementation bill into law. At... READ MORE
By Andrew Remo | 7/22/2016
The Democrats have laid out their party platform – and when it comes to retirement issues, they plan to do a lot of fighting.In keeping with an American political tradition dating back to the 19th Century, the Democrats have released a draft version of their platform ahead of the Democratic... READ MORE
By Andrew Remo | 7/13/2016
Republicans in the House of Representatives recently finalized the last plank of their policy agenda, with the release of their comprehensive tax reform blueprint. The bold plan calls for significant cuts in the statutory tax rates on both the wage and investment income for individuals – a move... READ MORE
By Andrew Remo | 6/24/2016
A recent forum brought together a group of political heavy hitters in Oregon and other key stakeholders – including Judy Miller of the American Retirement Association – to discuss the current status of the Oregon Retirement Security Program and the issues surrounding the creation and implementation... READ MORE
By Andrew Remo | 6/22/2016
The Senate Special Committee on Aging held a hearing on June 15 to examine ways to leverage prizes and technology to influence savings behavior. The hearing featured testimony from Catherine Collinson, president of the Transamerica Center for Retirement Studies, that focused on a new research... READ MORE
By Andrew Remo | 6/17/2016
On Tuesday, June 14, the leaders of the American Retirement Association and its sister organizations stormed Capitol Hill to meet with key staff and get a fresh perspective on the congressional legislative and policy agenda for the year. The group, which included the Presidents and Presidents-Elect... READ MORE
By Andrew Remo | 6/14/2016
Last week, House Republicans released the first of six work products detailing their policy agenda, a portion of which included recommendations to “build retirement security through the private retirement system.” The most notable aspect of the report, however — a blueprint from the Task Force on... READ MORE
By Andrew Remo | 6/3/2016
Connecticut is now the fourth state behind Illinois, Oregon, and Maryland to require employers in the private sector over a certain size offer a retirement plan for their employees.That came with Governor Dannel Malloy’s (D) signing of the Connecticut Retirement Security Program Act (H.B. 5591)... READ MORE
By Andrew Remo | 5/25/2016
Republicans in Congress continued their campaign to kill the Department of Labor’s fiduciary rule — and managed to pull a couple of Democrats over to their side.The Senate voted 56-41 on May 24 to formally disapprove of the rule under the Congressional Review Act (CRA), with three Democrats — Heidi... READ MORE
By Andrew Remo | 4/26/2016
Hillary Clinton continues on her firm path to the Democratic nomination after a decisive win in her adopted home state of New York. In fact, despite a string of losses to upstart candidate Bernie Sanders in the prior weeks, the margin of her delegate lead over Sanders beginning in early March has... READ MORE
By Andrew Remo | 4/5/2016
In Illinois, if you are an employer that likes your retirement plan, you can keep it.Despite some persistent rumors and underhanded marketing to the contrary, the Illinois Secure Choice Savings Program Act — enacted in early 2015 — provides that if an employer covered under the law already has a... READ MORE

Pages

Advertisement