Archive | February, 2013

Panel Discusses Cash Balance Plans at LABC

February 28, 2013

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The annual Los Angeles Benefits Conference (LABC) was held January 30 – February 1, 2013, in Los Angeles, California. The LABC is unique in that it’s co-sponsored by the American Society of Pension Professionals & Actuaries (ASPPA), the Internal Revenue Service (IRS), the National Institute of Pension Administrators (NIPA) and the Western Pension & Benefits Council (WP&BC).

Related posts:

  1. Cash Balance Plans for TPAs and Traditional Plan Actuaries ASPPA held its annual conference at the Gaylord National Resort…
  2. Cash Balance Plans—Design, Testing and New Developments CHICAGO—This year’s ACOPA Actuarial Symposium kicked off with a rousing…
  3. Ferguson & Finnegan Discuss Testing Issues Specific to Cash Balance Plans The ASPPA College of Pension Actuaries (ACOPA) held its Advanced…

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ERISA-Seventh Circuit Rules That Owners Of An Employer Withdrawing From A Multiemployer Pension Plan Are Responsible For The Employer’s Withdrawal Liability

February 28, 2013

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In Central States Southeast and Southwest Areas Pension Fund v. Messina Products, LLC, Nos. 11-3513 & 12-1333 (7th Cir. 2013), the Court faced the question of whether it should pierce corporate veils, and impose on the individual owners and related…

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IRS Defined Contribution Q&A Recap

February 27, 2013

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A panel of Internal Revenue Service (IRS) officials from the Employee Plans Rulings and Agreements and Examinations units held an interactive question and answer session at the 2013 Los Angeles Benefits Conference that focused on defined contribution plans.

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  1. High-Level IRS & Retirement Industry Speakers Contribute to Successful ERPA Conference Reaffirming the need for enrolled retirement plan agents (ERPAs), the…
  2. 2012 ASPPA Annual Conference Closes with IRS Q & A The arrival of Hurricane Sandy and Halloween resulted in an…
  3. ASPPA & IRS to Hold 2012 Great Lakes Benefits Conference The Great Lakes Benefits Conference, co-sponsored by ASPPA and the…

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Americans Want New Pensions

February 27, 2013

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Employees are looking for guidance in regard to their 401(k) Plan. This study confirms the need to offer professional managed portfolios. In addition the portfolios should range in risk level from aggressive to conservative. When each employee chooses their risk level the accumulated plan will represent a pension plan. Ideally your plan will only include […]

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ERISA Attorneys – Why Have One?

February 27, 2013

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One of the key reasons to hire an Employee Retirement Income Security Act (“ERISA”) attorney is to complete a plan document that will be in compliance with all ERISA regulations. The plan document should be reviewed every two years by … read more

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Americans Savings Habits Remain Unchanged

February 26, 2013

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Americans need to realize that they and they alone are responsible for their own financial future. The need for an investor coach has never been greater. Americans should keep in mind three basic tips to save, Salisbury said: Set a goal, make a plan and save automatically. Employers can help with this plan by using […]

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Brookings Proposes Double Tax on 401(k) Contributions

February 26, 2013

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Brian H. Graff, CEO of The American Society of Pension Professionals & Actuaries (ASPPA) responds to The Brookings Institution’s report “15 Ways to Rethink the Federal Budget: Better Ways to Promote Saving through the Tax System.”

Related posts:

  1. Possible Fiscal Cliff Deal Puts Small Business Retirement Plans at Risk ASPPA CEO Brian Graff explains how the latest fiscal cliff…
  2. ASPPA Launches Campaign to Save 401(k) Plans From Tax Reform ASPPA launches the Save My 401k grassroots campaign to defend…
  3. ASPPA Testifies In Support Of Retirement Savings Tax Incentives Read highlights of ASPPA’s Director of Retirement Policy Judy A….

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ERISA-DOL Provides Guidance On Health Plan Cost- Sharing Limitations Under The Affordable Care Act

February 26, 2013

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As noted in my blog on February 22, in FAQs about Affordable Care Act Implementation Part XII, the Department of Labor provides guidance on health plan cost-sharing limitations under the Affordable Care Act. The FAQs say the following: Limitations On…

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What Questions Do You Ask Your Investment Adviser?

February 25, 2013

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Every week I talk with investors about how they invest their money. While listening to many I can hear the influence of the Wall Street bullies by the questions they ask. The Wall Street bullies have an ongoing marketing campaign to convince investors that they have the answer to investing success. These bullies have trained […]

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ASPPA Supports America Saves Week

February 25, 2013

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ASPPA joins more than 775 organizations in support of 2013 America Saves Week (ASW)—a movement designed to encourage Americans to take financial action to begin or increase their saving efforts. This is the fifth year that ASPPA participates as an America Saves Week partner.

Related posts:

  1. Employer-Based Retirement Savings Work Judy A. Miller, Executive Director of ACOPA and Director of…
  2. ASPPA Launches Campaign to Save 401(k) Plans From Tax Reform ASPPA launches the Save My 401k grassroots campaign to defend…
  3. Coalition to Protect Retirement Strongly Supports Sense of the Congress Resolution on Retirement Savings The Coalition to Protect Retirement strongly supports the introduction of…

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