Search Results

Below is a summary of provisions relevant to employers and their retirement plans that will become effective in 2025.

The ERISA Industry Committee wonders what will happen if the federal rules change.

There’s a push by Congress to pass a bill to allow CITs – tax-exempt, pooled investment vehicles similar to mutual funds – in 403(b) plans, but investor advocacy groups oppose the bill. But now, the American Retirement Association is strongly advocating for its passage.

Supporters say it can help the members free themselves from state requirements that drive up the costs, while opponents argue that the arrangements will weaken the fully insured market, by luring away the healthiest individuals and groups.

The requirement is part of the state's new pharmacy benefit manager market conduct standards, aimed at enhancing transparency and boosting competition.

A cap would hurt sicker and older indidividuals and hit some regions harder than others, according to a benefits professional-employer coalition organized by Neil Trautwein.

The Department of Labor’s Retirement Savings Lost and Found database, which is expected to go live next month, still needs help from plan administrators on participants who left the company.

Six investor advocacy groups are opposing CITs in 403(b)s because some plans are not governed by ERISA, so eliminating SEC’s regulatory oversight is detrimental, in a letter to the Senate committee.