Retirement

PBGC Implements Special Financial Assistance Program for Financially Troubled Multiemployer Pension Plans
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PBGC Implements Special Financial Assistance Program for Financially Troubled Multiemployer Pension Plans
Jenny Gartman, CEBS
 

The Pension Benefit Guaranty Corporation (PBGC) has released an interim final rule that focuses on special financial assistance (SFA) applications and related restrictions and conditions pursuant to the American Rescue Plan Act of 2021 (ARPA). Read more about ARPA’s provisions to transfer […]

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SECURE Act Guidance: What DC Plan Sponsors Need to Know
401(k) Plans Defined Contribution (DC) Plans Employee Benefits Financial Wellness Regulatory Retirement U.S.

SECURE Act Guidance: What DC Plan Sponsors Need to Know
Kathy Bergstrom, CEBS
 

Federal agencies, including the Internal Revenue Service (IRS) and Department of Labor (DOL), have been busy issuing guidance on some of the more complex provisions of the Setting Every Community Up for Retirement Enhancement (SECURE) Act since it was signed into law […]

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New Report: Impact of COVID-19 on Pensions and Benefits in Canada
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New Report: Impact of COVID-19 on Pensions and Benefits in Canada
Staff
 

The COVID-19 pandemic has had significant implications for workplaces across the world, and employers and workers have needed to make difficult decisions regarding retirement, health and paid leave benefits. A new International Foundation report, Impact of COVID-19 on Pensions and Benefits in Canada: […]

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Three Key Takeaways: What ARPA Means for Green Zone Pension Plans
American Rescue Plan Act (ARPA) Defined Benefit (DB) Plans Employee Benefits Multiemployer PBGC Pensions Regulatory Retirement U.S.

Three Key Takeaways: What ARPA Means for Green Zone Pension Plans
Jenny Gartman, CEBS
 

It was big news back in March when the American Rescue Plan Act of 2021 (ARPA) was enacted to provide grants, called “special financial assistance,” to boost the solvency of eligible critical and declining status or insolvent plans under the Pension Benefit […]

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Changes to Single Employer Pension Plan Funding With the American Rescue Plan Act
American Rescue Plan Act (ARPA) Coronavirus (COVID-19) Employee Benefits Legislative Pensions Retirement U.S.

Changes to Single Employer Pension Plan Funding With the American Rescue Plan Act (ARPA)
Kathy Bergstrom, CEBS
 

Provisions in the American Rescue Plan Act (ARPA) have the potential to help many single employer pension plan sponsors weather the economic impacts of the COVID-19 pandemic while providing time to consider how to integrate their business and pension funding strategies, suggests […]

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Five Critical Retirement Planning Decisions You Need to Consider Today
401(k) Plans Defined Contribution (DC) Plans Employee Benefits Financial Education Financial Education (U.S.) Financial Wellness Retirement U.S.

Five Critical Retirement Planning Decisions You Need to Consider Today
Kathy Bergstrom, CEBS
 

Retirement planning is an important exercise for everyone. And when you have only a modest retirement nest egg, there is little room for error when planning for how to make those savings last. So what are the most important items for preretirees […]

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What the American Rescue Plan Act Means for Financially Troubled Multiemployer Pension Plans
American Rescue Plan Act (ARPA) Defined Benefit (DB) Plans Employee Benefits Legislative Multiemployer PBGC Retirement U.S.

What the American Rescue Plan Act Means for Financially Troubled Multiemployer Pension Plans
Jenny Gartman, CEBS
 

Listen to this post here. After years of debate on the topic of funding relief for multiemployer pension funds, Congress acted this week with the passage of the American Rescue Plan Act of 2021 (Rescue Plan)—likely one of the most significant pieces […]

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The State of Defined Contribution Retirement Plans in 2021
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The State of Defined Contribution Retirement Plans in 2021
Justin Held, CEBS
 

The number of organizations offering defined contribution (DC) retirement plans has increased over the past two years, making them the primary retirement vehicle for an increasing share of the U.S. workforce. The International Foundation’s 2020 Employee Benefits Survey showed that 87% of […]

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