PLANADVISER - The trusted information and solutions resource for ...
WEBPLANADVISER is the trusted information and solutions resource for America's retirement benefits decision makers. With its powerful array of customer-driven marketing programs, PLANADVISER offers industry providers an unparalleled ability …
IRS Issues How-To Guidance for Prorating Short Plan Years
WEBMay 31, 2018 · The prorated short-year limit is $137,500—i.e., $275,000 x (6/12) = $137,500. The IRS also provides examples for initial short plan years and plan termination. The agency notes that the compensation limit is not prorated for employees who enter or leave the plan mid-year, provided the plan continues to …
JP Morgan Launches TDF With Guaranteed Income Annuity
WEBAug 15, 2024 · J.P. Morgan Asset Management announced on Thursday a retirement income investment leveraging a target-date fund with a guaranteed annuity payout in retirement. The firm’s SmartRetirement Lifetime Income TDF is designed to provide a stream of income payments in retirement through annuities from participating insurance companies, according to ...
Magazine Articles - PLANADVISER
WEBJust the Facts. Boomers Hold Half of the Nation’s Wealth Annuity Sales In the first 9 months of 2023, total annuity sales increased 21% to $270.6 billion.Source: LIMRA, U.S. Individual Annuity... On the Move.
IRS Notice Clarifies SECURE 2.0 Automatic Enrollment, Tax Credits ...
WEBDec 28, 2023 · Section 101 of SECURE 2.0 requires defined contribution plans that are created after the law was enacted on December 29, 2022 to have automatic enrollment and deferral features starting on January 1, 2025. Specifically, plans must enroll participants at contribution levels of between 3% and 10% of salary …
Blackberry Maker Execs Settle Backdating Charges - PLANADVISER
WEBFeb 18, 2009 · Balsillie: $350,000 fine, $334,250 disgorgement. Lazaridis: $150,000 fine, $328,300 disgorgement. Undisclosed Compensation. “As alleged in our complaint, RIM and its highest level executives engaged in widespread backdating of options, which provided them and other employees with millions of dollars in undisclosed compensation,” said Linda ...
2020 Top 100 Retirement Plan Advisers | PLANADVISER
WEBThe 2020 PLANADVISER’s Top 100 Retirement Plan Advisers listing is here! Each year, PLANADVISER magazine recognizes the top quantitative standouts from our Retirement Plan Adviser Survey with the Top 100 Retirement Plan Advisers awards. Top 100 designees are named according to the dollar value of qualified plan assets under advisement, as ...
Judge Dismisses Excessive Fee Complaint Against HR Firm TriNet
WEBApr 29, 2023 · A federal judge in Florida dismissed the 2020 class action lawsuit, Huang v. TriNet HR III Inc. et al. on April 26 by approving TriNet’s motion for summary judgment, according to the court order. U.S District Judge Virginia M. Hernandez Covington, presiding in U.S. District Court for the Middle District of Florida, Tampa Division, threw out ...
Pooled Employer Plans and 3(38) Fiduciary Advisers
WEBOct 6, 2020 · Retirement plan industry analysts and attorneys are expecting that entities interested in becoming pooled plan providers will include banks, insurance companies, broker/dealers (B/Ds) and similar financial services firms, including pension recordkeepers and third-party administrators (TPAs). These entities, with their complex financial arrangements with employee benefit plans, have in the past ...
2022 PLANADVISER Top Retirement Plan Advisers
WEBThe 2022 PLANADVISER Top Retirement Plan Advisers listing is here! PLANADVISER is pleased to reveal the revamped PLANADVISER Top Retirement Plan Advisers listing, the next iteration of our longstanding Top 100 program. For many years, this designation had been awarded to the top 100 retirement plan advisers and teams based on quantitative ...