Tag: "featured"
Bad Math Is Still Bad Math
Recent comments in Smart Money’s Encore blog—“How much do 401(k) Plans Cost the Government,” (1.25.12) incorrectly characterizes estimates of retirement savings tax expenditures made in “Retirement Savings and Tax Expenditure Estimates” a research paper prepared for the American Society of Pension Professionals & Actuaries (ASPPA).
ASPPA Launches Plan Consultant Magazine
The American Society of Pension Professionals & Actuaries (ASPPA) today announced their official publication The ASPPA Journal will now be known as Plan Consultant magazine. A survey of ASPPA’s growing community of diverse retirement professionals prompted the redesign of the publication from a scholarly journal to a less formal magazine format.
403(b) Compliance Summit Report Released
The National Tax Sheltered Accounts Association released a report from their third annual 403(b) Compliance Resolution Summit in Dallas. The report is a summary from the meeting where 403(b) professionals gather to identify service issues and develop best practices for the resolution of those issues.
2012 Retirement Forecast (Video)
ASPPA’s Executive Director Brian Graff offers a preview to key retirement issues on the legislative and regulatory agenda and how they will impact retirement plan professionals.
ASPPA & CIkR Request Fee Disclosure Extension
ASPPA General Counsel and Director of Regulatory Affairs Craig Hoffman issues a statement on behalf of ASPPA and the Council of Independent Recordkeepers (CIkR) in response to the U.S. Department of Labor’s (DOL) ongoing delay in the issuance of the 408(b)(2) final regulation
Chris DeGrassi Joins ASPPA Executive Team
ASPPA announced the addition of Chris DeGrassi to their team as Executive Director over The National Tax Sheltered Accounts Association (NTSAA) and Assistant Executive Director over The National Association of Plan Advisors (NAPA). DeGrassi joins ASPPA from Security Benefit, where he was an Assistant Vice President handling the marketing and distribution of retirement plans for teachers.
Keeping Current—A Regulatory Update on Retirement Plans
ASPPA Annual conference attendees caught up on retirement plan regulation with the keeping current session with Ilene Ferenczy and Derrin Watson.
Government Proposals That Could Change Your Retirement Plan
The emerging issue of government proposals to change retirement plans were discussed in the Washington Update session at the ASPPA Annual Conference. The concern is that proposals will reduce the amount of contributions for employees to their 401(k) plans in an attempt by the government to increase revenue…
401(k) Retirement Plans Myths – Debunked
As the super committee looks to slash spending, pension professionals and actuaries gathered in National Harbor, MD for the ASPPA 2011 Annual Conference October 23 – 26. The buzz at the convention was over several proposals in Washington to boost tax revenue by lowering pre-tax limits and deductions in retirement plans…
Knowing Where To Draw The Ethical Line
The client has financial problems and hasn’t paid your invoice. The salary deferrals to the 401(k) plan are overdue and a plan participant is now calling with a question about a loan. And to make matters worse, the tax return for the plan is due in two days. “I want to give you an outline of how you respond when you are facing an ethical dilemma…
