Archive | October, 2012

The Risks of Tapping Your Retirement Fund for an Alternative Use

October 31, 2012

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Americans are more apt to ‘bet it all’ not worrying about the consequences. These strategies most often end up in failure leaving you and your family with nothing. Remember a qualified retirement plan can protect your assets from creditors, in the event of bankruptcy. The strategies to do so and not run afoul of I.R.S. […]

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Washington Update—Tax Reform 2013

October 29, 2012

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Leading with a bullhorn and a battle cry, ASPPA’s Executive Director and CEO Brian Graff called on attendees of the 2012 ASPPA Annual Meeting to marshal their resources and get ready for what lies ahead—namely tax reform—and don’t allow history to repeat itself.
Related posts:

  1. Video—Washington Update ASPPA’s CEO Brian Graff breaks down the upcoming 2012 Presidential…
  2. Miller Gives Washington Update to ASPPA College of Pension Actuaries Judy Miller, Chief of Actuarial Issues and Director of Retirement…
  3. Hoffman Gives Washington Update on Retirement Plans CHICAGO (June 21, 2012)— The American Society of Pension Professionals…

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Fiduciary Links: Stiffer enforcement options for the SEC a must for investor confidence

October 29, 2012

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>>>>In his latest Fiduciary Corner column for InvestmentNews, Blaine takes a look at a recent speech by SEC Commissioner Luis Aguilar for some guidance on an enforcement program that would help restore investor confidence in the integrity of financial market…

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Are Retirement Plans Sold Backward?

October 29, 2012

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The 401(k) plan was first introduced in 1981 as a supplement to a defined benefit (pension) plan by a bank seeking additional retirement funds for executives. It has been sold to companies, as a supplement, since then. The 401(k) plan as well as all qualified plans, ie, IRAs, Simple IRAs, SEPs, Roth IRAs  are sold […]

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ASPPA Honors Members for Educational Achievement

October 29, 2012

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The American Society of Pension Professionals & Actuaries (ASPPA) honored Richard A. Hochman with the ASPPA Educator’s Award and three outstanding examination candidates with the Martin Rosenberg Academic Achievement Award during the opening session of the 46th ASPPA annual conference at the Gaylord Hotel in National Harbor, MD.
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  1. ASPPA Honors Larry Starr with Eidson Award The American Society of Pension Professionals & Actuaries (ASPPA) honored…
  2. ACOPA Honors James E. Holland for Professional Excellence The ASPPA College of Pension Actuaries (ACOPA) honored James E….
  3. NAPA & ASPPA Open Nominations for 401(k) Advisor Award ARLINGTON, VA, (September 17, 2012) – The National Association of…

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Barry Max Levy Inaugurated as 44th President of ASPPA

October 28, 2012

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The American Society of Pension Professionals & Actuaries (ASPPA) inaugurated Barry Max Levy as 2012-2013 president of the organization during the opening session of the 2012 ASPPA Annual Conference at the Gaylord Hotel, National Harbor, Md.
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  1. ASPPA President Robert Richter’s Year in Review ASPPA’s Executive Director and CEO Brian Graff sits down with…
  2. ASPPA Honors Larry Starr with Eidson Award The American Society of Pension Professionals & Actuaries (ASPPA) honored…

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ASPPA Honors Larry Starr with Eidson Award

October 28, 2012

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The American Society of Pension Professionals & Actuaries (ASPPA) honored Lawrence C. Starr, CPC, QPFC, with the 2012 Harry T. Eidson Founders Award during the opening session of the ASPPA Annual Conference at the Gaylord Hotel, National Harbor, Md.
Related posts:

  1. NAPA & ASPPA Open Nominations for 401(k) Advisor Award ARLINGTON, VA, (September 17, 2012) – The National Association of…
  2. ASPPA and Morningstar Announce 401(k) Advisor Leadership Award Finalists The American Society of Pension Professionals & Actuaries announced the…
  3. Plan Sponsor Advisors Honored with 401(k) Advisor Leadership Award The American Society of Pension Professionals & Actuaries announced the…

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Take the choice away, increase the success

October 26, 2012

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When plan sponsors provide pension fund like plan their employees will save more with less anxiety. It’s time to stop gambling and speculating in the 401(k) plan. Without a prudent strategy plan participants are sure to end up with less than required for retirement. This woudl result in a win-win. Auto-enrolment and auto-escalation. Get people […]

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ERISA-Sixth Circuit Rules That Plaintiffs State A Claim For Breach Of Fiduciary Duty Based On SEC Filings Incorporated By Reference In An SPD

October 26, 2012

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In Dudenhoefer v. Fifth Third Bancorp, No. 11-3012 (6th Cir. 2012), the plaintiffs were appealing the dismissal of their case by the district court. The plaintiffs are former employees of defendant Fifth Third Bank (the "Bank"), and were participants in…

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Many in Middle Class ‘Guess’ on Retirement Needs

October 26, 2012

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Many Americans are unwilling to pay for advice on their retirement planning. I believe it is the result of finding objective advice without the pressure of buyng a product. People should sek the advice of a fiduciary adviser, someone who provides advice with the best interest of the client first and foremost. Three-fourths of middle-class […]

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