This quarter’s QPA Advocate Newsletter begins with two pleas. First, please allow time before, during, and after your upcoming committee meetings to discuss the various regulatory and litigation updates described below.
Month-in-Review: December 2023
Take a look at what happened last month and what’s ahead in the market and economic environment. Check out the latest Month in Review.
Fiduciary News Alert: December 2023
For months, the IRS has been working on a “grab bag” of guidance relating to the SECURE 2.0 Act of 2022 (SECURE 2.0). It had targeted a “fall” release date. By dropping Notice 2024-2 (the Notice) on December 20, 2023, the IRS (just barely) hit that target.
Year-End Plan Sponsor Roundup
The end of the year is fast approaching. Many of you are tying up loose ends and hopefully preparing for some down time with your family and friends. With competition for your time and attention in mind, we wanted to close the year with a rapid-fire roundup of the retirement plan issues that have emerged over the last few weeks.
2024 Retirement Plan Limits
The Internal Revenue Service announced cost-of-living adjustments (COLAs) affecting dollar limitations for pension plans and other retirement-related items for the 2024 tax year.
Month-in-Review: November 2023
Take a look at what happened last month and what’s ahead in the market and economic environment. Check out the latest Month in Review.
DOL Proposes New Fiduciary Advice Rule
On October 31, 2023, the Department of Labor (DOL) released a proposed amendment to the definition of an investment advice fiduciary. Read on to find out more.
Month-in-Review: October 2023
Take a look at what happened last month and what’s ahead in the market and economic environment. Check out the latest Month in Review.
Fiduciary News Alert: November 2023
On October 31, 2023, the Department of Labor (DOL) released a proposed amendment to the definition of an investment advice fiduciary. Although it will be common to consider this the “new fiduciary rule”, the DOL was careful to title it as the “Retirement Security Rule: Definition of an Investment Advice Fiduciary.”
Recordkeeper Benchmarking: It’s About More Than Fees
This month’s article starts with some litigation context, then moves into practical recordkeeper benchmarking perspectives that will serve your fiduciaries and participants well.