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BY John Iekel | 3/1/2021
The Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) on Feb. 26 issued guidance on the duration of the COVID-19-related relief provided by Disaster Relief Notice 2020-01... Read More
BY Ted Godbout | 2/28/2021
The House of Representatives in the early hours of the past weekend approved a nearly $2 trillion COVID-stimulus bill, including a freeze to retirement plan contribution limits.   The Butch... Read More
BY Ted Godbout | 2/23/2021
The Biden administration has put forward a series of Paycheck Protection Program changes targeted at small businesses and those not able to take advantage of the earlier relief efforts. ... Read More
BY Ted Godbout | 2/23/2021
Despite one of the most challenging periods in recent memory, a new study finds that DC plans continued to perform their critical role in preparing workers for retirement.   Throughout... Read More
BY Ted Godbout | 2/22/2021
While there has been a lot of discussion about how COVID-related economic shutdowns have affected retirement security, a new paper suggests that things could have been a lot worse. ... Read More
BY Ted Godbout | 2/18/2021
Released in concert with Voya Financial, the behavioral economist’s new white paper advances several changes to help participants get back on track with their retirement savings.   Dr.... Read More
BY Ted Godbout | 2/9/2021
While the pandemic has led to a fluctuation in how HSA account holders have used their funds, a new study finds that rising health care costs and delayed service may make it difficult to save for... Read More
BY Ted Godbout | 1/29/2021
While the pandemic has provided challenges for all age groups, a new report finds that COVID-19 has produced unique challenges for young adults, particularly when it comes to their financial futures... Read More
BY Ted Godbout | 1/29/2021
At the time of its passage, many in the retirement industry were concerned that the CARES Act would “open the floodgates” to a large percentage of workers cashing out years of retirement savings.... Read More
BY Ted Godbout | 1/28/2021
The COVID-19 pandemic may end up being the catalyst that some Americans needed to rethink their relationship with money and put more toward saving for retirement.   Unable to control the... Read More
BY NAPA Net Staff | 1/22/2021
The prolonged economic impacts of COVID-19 are wearing on small and medium-sized businesses, particularly for those in rural communities, as owners report more uncertainty about when and how they may... Read More
BY Ted Godbout | 1/8/2021
For advisors and small employers that were not able to take advantage during the first round, the Small Business Administration has announced that it will reopen the program the week of January... Read More
BY Ted Godbout | 1/5/2021
Reactions to COVID-19 and the impact on consumer confidence is prompting many consumers to reassess their retirement and financial plans. A majority of today’s workers and retirees range from... Read More
BY Nevin E. Adams, JD | 1/5/2021
In a year in which uncertainty and confusion reigned supreme, almost overnight our industry packed up and went home one night and opened up for business the next day from… what seemed a zillion... Read More
BY NAPA Net Staff | 1/4/2021
There is a lot to unpack in the recently passed COVID-19 relief legislation, but the most significant element for plan sponsors impacted by the pandemic may well be the temporary rule preventing... Read More
BY Ted Godbout | 12/29/2020
Several recent surveys reveal that the financial impact of the pandemic is forcing many employees to rethink their retirement plans.  A new Willis Towers Watson survey of nearly 5,000 U.S.... Read More
BY NAPA Net Staff | 12/28/2020
After a weekend of pundit “drama” worrying about what he’d do (or not), President Trump has signed the controversial $900 billion COVID relief bill, though that may not be the last word on the... Read More
BY NAPA Net Staff | 12/23/2020
The COVID-19 relief bill may not get President Trump’s signature after all—with implications for retirement plan sponsors. President Donald Trump on Tuesday tweeted a 4-minute video outlining... Read More
BY NAPA Net Staff | 12/22/2020
Division N – COVID-Related Tax Relief Sec. 276. – Clarification of tax treatment of forgiveness of covered loans. The provision clarifies that gross income does not include any amount that would... Read More
BY Ted Godbout | 12/22/2020
It’s hard to find among the nearly 5,600 pages of text, but there is some important retirement plan relief in the $900 billion COVID stimulus package. Perhaps the most significant element is a... Read More
BY Ted Godbout | 11/23/2020
As the pandemic shifts caregiving responsibilities, Millennials and women are increasingly among those “sandwiched,” and will likely feel the financial ramifications for many years, according to a... Read More
BY Ted Godbout | 11/11/2020
Despite the economic and business challenges caused by COVID-19, most small business owners have held firm in their retirement planning, but that could change, according to a new study. ... Read More
BY Judy Ward | 11/11/2020
In the cover story of the latest NAPA Net the Magazine, six of last year’s Top DC Wholesalers describe how their work has shifted and what they see ahead for the wholesaler-plan advisor relationship... Read More
BY Ted Godbout | 11/9/2020
Ruling that the public interest in the Small Business Administration’s (SBA) management of the PPP outweighs any limited private interest in nondisclosure, a federal judge has ordered SBA to release... Read More
BY Ted Godbout | 11/3/2020
Since the start of the pandemic in March, retirement plan contribution activity has been volatile, but there are some encouraging signs from both employers and employees, according to new data... Read More