The fires raging in California are only the latest instance of a major disaster for which individuals may have an unanticipated need for funds. Enter SECURE 2.0, which makes it easier for qualified ...
The DOL on Jan. 14 released its final rule regarding changes to its Voluntary Fiduciary Correction Program (VFCP); it says the most significant changes involve the addition of two new self-correction ...
The IRS has updated guidance and procedures concerning determination letters and letter rulings relevant to retirement plans. The updated guidance and procedures are contained in Revenue Procedure ...
Kelsey Mayo is joining the American Retirement Association’s (ARA) C-suite as its Chief Regulatory Affairs Officer after having served as its long-time Director of Regulatory Affairs from the outside.
The Treasury Department and the Internal Revenue Service (IRS) released a flurry of Friday morning news in the form of proposed regulations relating to SECURE 2.0 provisions for retirement plan ...
Voya Financial announced just after the new year began that it has completed its acquisition of OneAmerica Financial’s full-service retirement plan business. As a result of the acquisition, Voya’s ...
There were mixed results regarding the liabilities of the Pension Benefit Guaranty Corporation (PBGC)’s insurance programs in fiscal year (FY) 2024 compared to a year before. That, according to the ...
The Pension Benefit Guaranty Corporation (PBGC) has issued a final rule adjusting for 2025 the civil penalties for failure to provide certain notices. More specifically, the penalties are for failure ...
Retirees the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) affected are entitled to back payments for benefits they missed out on through 2024 under the Social Security ...
The Pension Benefit Guaranty Corporation (PBGC) has issued guidance on the timing of premium payments for plan years beginning in 2025. The guidance comes in Technical Update 25-1, which the PBGC ...
The Pension Benefit Guaranty Corporation (PBGC) on Jan. 7 announced that Anne Henderson will serve as its new Participant and Plan Sponsor Advocate. The PBGC Board of Directors selected Henderson as ...