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 PBGC has issued a final rule setting the 2025 civil penalties for failure to provide certain notices, other material information, and certain multiemployer plan notices. The Pension Benefit ...
The PBGC Board of Directors selected Henderson as the agency’s Participant and Plan Sponsor Advocate, whose appointment becomes effective on Jan. 12. She replaces Constance Donovan, who retired in ...
A spokesperson for the National Conference on Public Employee Retirement Systems added "since the effective date of H.R 82 [the Social Security Fairness Act] is after December 2023, by law SSA has to ...