Happy mid-summer ASEA! It’s that beautiful time between April 15 and Sept. 15, when deadlines are at a minimum. Looking forward to the ASEA Advanced Actuarial Symposium, but for now, here is some ...

Changes to the RMD Basics. The SECURE Act increased the applicable age by which RMDs must commence. It also reduced penalties for missed RMDs and provided clearer guidance on self-correction ...

The plan formula was a pay credit of 100 percent of compensation, with an interest crediting rate of 4 percent. The sole participant was age 58 and the plan’s normal (and assumed) retirement age was ...

That’s according to the Congressional Research Service (CRS) “In Focus” report, “Data on Private Sector Defined Benefit Plans, 2010-2022,” which it issued on July 18. The CRS based its findings on an ...

In 1961, President Kennedy challenged the nation to land a man on the moon and return him safely to Earth before the decade was out. That kind of clarity — specific with regard to destination and ...

“Float income” refers to the interest or earnings that accrue on retirement plan contributions, distributions, or other ...

Murphy noted that 74% of respondents say including private investments in retirement plans can help workers build wealth in ways previously limited to the ultra-wealthy, and 72% say diversifying their ...

Meanwhile, Sen. Bernie Sanders (I-Vt.), who is the Ranking Member of the Senate HELP Committee, announced that he had introduced the Pensions for All Act, which seeks to extend coverage to those who ...

Service. Customer-friendly retirement services are part of building that connection and meeting the expectations of plan sponsors, says Finch. They suggest that plan features are part of accomplishing ...

The IRS on July 16 issued guidance on withholding and reporting concerning uncashed retirement plan distribution checks. The guidance came in Revenue Ruling (Rev. Rul.) 2025-15.

Certain retirement plan administrators in the Bay State would be subject to heightened disclosure requirements if legislation before both chambers of the Massachusetts legislature is enacted.

Rapid expansion is ahead over the next few years for the small and micro 401 (k) plan segments due to certain competitive dynamics in the market, says a new report by Cerulli Associates.