It could take a year or longer to fully implement the repeal of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), says the Social Security Administration (SSA). The SSA has ...

In March, funding EBSA received to implement the No Surprises Act will run out. Lisa Gomez, the former head of EBSA, says “work attributable to 120 people will be lost, either by it not being done, or ...

Two options. Effective Jan. 1, 2025, the Form 5558 can be filed electronically through EFAST2 or it can be filed on paper and mailed to: Department of the Treasury, Internal Revenue Service Center, ...

As I conclude my term as ASEA President, I want to express my gratitude for the opportunity to serve in this capacity. And to provide insight into the future direction of ASEA, I sat down with ...

Could plan fiduciaries violate their duty of loyalty to plan participants despite a prudent process? A recent federal judge says yes — Nevin (Adams) & Fred (Reish) discuss. Participant-plaintiff (and ...

The spreadsheet lists the PBGC as one of the agencies required to provide information by Feb. 7, noting that the PBGC provides pension plan termination insurance. However, it does not break down the ...

Benefit plans, participants, and beneficiaries received more than $1 billion due to recoveries the Department of Labor’s Employee Benefits Security Administration (EBSA) made in fiscal year 2024. More ...

Bills before the legislatures of two states would create a defined contribution plan for new state employees, as well as expand the retirement plan options from which their public employees may choose ...

Hope you all had a wonderful holiday season and 2025 is starting out great! New Year’s falling mid-week had my clients on full blast ready to go the following Monday. I give my quarterly thanks to ...

While there seemed to be great excitement about an employer match to the 401(k) plan based on an employee’s student loan payments, plan sponsor interest in adoption it has been minimal, at best, and ...