retirement insights
Retirement Insights - Q2 2021 Legislative and Regulatory Update
July 2021
In an effort to keep our clients informed, Ellwood looks forward to providing a high-level overview of current legislative, regulatory, and litigation issues in the retirement industry. Key lawmakers introduce comprehensive retirement policy legislation -- SECURE 2.0: House Ways and Means Committee Chairman Neal’s (D-MA) Securing a Strong Retirement Act of 2021 (SECURE 2.0) passed out of committee on a unanimous voice vote May 5, 2021. The bill includes:
Retirement Insights - Q1 2021 Legislative and Regulatory Update
April 2021
In an effort to keep our clients informed, Ellwood looks forward to providing a high-level overview of current legislative, regulatory, and litigation issues in the retirement industry.
Retirement Insights - DOL finalizes new rules on proxy voting
January 2021
In an effort to keep our clients informed, Ellwood looks forward to providing a high-level overview of current legislative, regulatory, and litigation issues in the retirement industry. Guidance with respect defined contribution plans: “Interim final rule” on lifetime income illustrations released. On August 18, 2020, DOL released an “interim final rule with request for comments” on lifetime income illustrations, required by the SECURE Act.
Retirement Insights - Q4 2020 Legislative and Regulatory Update
January 2021
In an effort to keep our clients informed, Ellwood looks forward to providing a high-level overview of current legislative, regulatory, and litigation issues in the retirement industry. Legislation – Ways and Means Chairman Neal introduces SECURE 2.0, releases automatic contribution plan proposal
Retirement Insights - Legislative and Regulatory Update October 2020
October 2020
In an effort to keep our clients informed, Ellwood looks forward to providing a high-level overview of current legislative, regulatory, and litigation issues in the retirement industry. Guidance with respect defined contribution plans: “Interim final rule” on lifetime income illustrations released. On August 18, 2020, DOL released an “interim final rule with request for comments” on lifetime income illustrations, required by the SECURE Act.
Retirement Insights - Legislative and Regulatory Update July 2020
July 2020
In an effort to keep our clients informed, Ellwood looks forward to providing a high-level overview of current legislative, regulatory, and litigation issues in the retirement industry. Legislation DOL releases proposed class Prohibited Transaction Exemption (PTE) with respect to fiduciary advice. On June 29, 2020, DOL released a proposed class PTE that would allow “investment advice fiduciaries … to receive compensation, including as a result of advice to roll over assets from a Plan to an IRA, and to engage in principal transactions, that would otherwise violate the prohibited transaction provisions of ERISA and the Code.”
Retirement Insights - Legislative and Regulatory Update April 2020
April 2020
In an effort to keep our clients informed, Ellwood looks forward to providing a high-level overview of current legislative, regulatory, and litigation issues in the retirement industry.
$2 Trillion Stimulus Package – Retirement Plan Provisions
March 2020
On March 27, 2020, President Trump signed into law a $2 trillion stimulus package in response to the coronavirus pandemic and the economic crisis it has generated. The legislation passed Congress with broad bipartisan support.
SECURE Act Update
January 2020
On December 20, 2019, President Trump signed appropriations legislation that included the Setting Every Community Up for Retirement Enhancement (SECURE) Act. In this commentary, we provide detail on the highlights of the new legislation.
Evaluating Retirement Income in a Defined Contribution Plan
October 2019
As a defined contribution (DC) plan sponsor and fiduciary, you want to do right by all employees. You’re driven to increase participation rates and help participants save and grow assets, to keep plan costs reasonable, and to ensure continued access to appropriate investment options. But what about helping participants understand how to manage and spend their assets in retirement?