ERISA attorneys, Certified Financial Planners, Qualified Pension Administrators and other industry experts help you stay current with regulatory changes and industry trends that affect retirement plans.
MAP-21 With interest rates at historical lows, defined benefit plans were experiencing greater liabilities and increased pension funding costs. The Moving Ahead for Progress in the 21st Century Act (MAP-21) was signed into law in July of 2012 to address … Read more
Plan administrators are required to make certain plan documents available to plan participants and/or beneficiaries. Administrators are also required to provide copies of certain plan-related information when requested by participants and beneficiaries. Copies are to be provided within 30 days … Read more
The IRS has released the cost-of-living adjustments (COLAs) applicable to the dollar limitations for pension plans (and other items) for the 2013 tax year. * 2012 amount for use in 2013 plan year tests Traditional IRA changes There also are … Read more
Plan fiduciaries are required to act prudently and solely in the interest of the plan’s participants and beneficiaries when selecting and monitoring service providers and plan investments. As part of these duties, fiduciaries must ensure that arrangements with plan service … Read more