The American Retirement Association wrote to the Department of Labor in response to the request for comments on the proposed guidance for payroll deduction IRA programs offered by political subdivisions within a state. The American Retirement Association recommended that the non-ERISA safe harbor created for state-based payroll deduction savings programs not be extended certain political...
The American Retirement Association wrote to the Department of Labor to request an extension of the public comment period and a public hearing on the proposal to modernize and improve the Form 5500 Annual Return. Specifically, the American Retirement Association asked for the public comment period be extended to January 17, 2017 and that the...
The American Retirement Association wrote to the Department of Labor, as a follow up to the Association’s meetings with the Department regarding the Fiduciary Rule, to provide proposed questions and suggested answers related to issues the Association believes could benefit by further clarification under the Conflict of Interest Regulation and the related Best Interest Contract...
The American Retirement Association wrote to the Department of Labor in response to the request for comments on the proposed guidance for payroll deduction IRA programs offered by states and to request a public hearing be held on the proposal. In the letter, the American Retirement Association recommended that the non-ERISA safe harbor under the...
The American Retirement Association wrote to the Department of Labor as follow-up to the Association’s original comment letter submitted on July 20, 2015 to provide supplemental information to the Department to clarify and amplify the Association’s “Level-to-Level Exemption” proposal as part of the Department’s Fiduciary Rule. (more…)
The American Retirement Association wrote to the Department of Labor with key recommendations to improve the Department’s Fiduciary or Conflict of Interest Rule (more…)
The ASPPA College of Pension Actuaries, part of the American Retirement Association, wrote to the Department of Labor in response to a change in the instructions for providing notice to employees that the employer will take advantage of small plan audit relief in the Annual Funding Notice (AFN). The Association recommends that inclusion of the...
A group of Associations, including the American Retirement Association, wrote to the Department of Labor to request a 45-day extension of the comment period for the Department’s Fiduciary or Conflict of Interest Rule. (more…)
The National Tax-deferred Savings Association, part of the American Retirement Association, wrote to the Department of Labor to share concerns and comments on the proper treatment of distributed contracts and custodial accounts in the context of a 403(b) plan termination. Clarifying guidance is badly needed to resolve the issue with respect to plan subject to...
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