Participants. Panelists evinced a belief that the ability to have income during retirement is a good thing for participants. “It’s in the best interest of participants,” said Faustino. Sclafani ...
The Labor Department is “abusing its authority,” says Rep. Virginia Foxx, R-NC, Chair of the House Committee on Education and the Workforce, who also is calling on the DOL’s Office of the Inspector ...
President-elect Trump on Nov. 22 announced that former Rep. Lori Chavez-DeRemer (R-Ore.) and hedge fund manager Scott Bessent are his nominations to serve as Secretary of Labor and Treasury Secretary, ...
The IRS also notes that IRA holders have until April 15, 2025 — the due date for filing 2024 tax returns — to set up a new IRA or add money to an existing IRA for 2024. It adds that both Roth and ...
Retirees started claiming Social Security before their full retirement age. Retirees currently receiving Social Security started at age 63 (median) which translates to a lower monthly benefit than if ...
This targeted training enhances understanding of 401(k) plan setup, maintenance, and compliance, focusing on effective client engagement. Earning the QKS Credential showcases your knowledge in 401(k) ...
Early in 2024, the IRS had announced that it was postponing electronic filing of the Form 5558 through the Department of Labor's (DOL) EFAST 2 system until Jan. 1, 2025. It said the delay was due to ...
Provided by the ASPPA Government Affairs Committee, ASPPA Focus (formerly known as ASPPA asaps) serves to provide members with analysis of the latest breaking news and technical releases in ASPPA's ...
The scholarship application period for 2024 will open on July 1 and close on September 16, 2024. The scholarship covers the costs for the exams and related required reading materials, exam re-takes ...
Health savings accounts (HSAs) show growth by many metrics, says the Plan Sponsor Council of America (PSCA). And it comes as no surprise that they also report that efforts to educate employees about ...
A recent study reveals the ways plan sponsors are providing education about retirement plans and saving for retirement.