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 ...

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 ...

The White House on Jan. 29 rescinded the OMB memo concerning the sweeping federal funding freeze announced just two days before. It is possible that the PBGC's Special Financial Assistance Program ...

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 ...

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 ...

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 ...

I have worked as an actuary for most of my life and as such have been involved, in one way or another, with thousands of qualified retirement plans over the years. “Qualified” means that the plans are ...

As Treasury Secretary and one of Trump’s top economic advisers, Bessent will be responsible for helping to implement his economic policy agenda, including efforts to impose broad-based tariffs and ...

This article examines the process of selecting the applicable month, or lookback month, that determines the segment rates utilized in actuarial valuations to value 404(o) funding targets and target ...

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 ...

The 401(k) plan of yet another national employer has been sued for a fiduciary breach for the “wrongful use, for their own benefit, of assets in their employees' 401k retirement plan.” More ...