Top of Mind


25

Jan 2018

Tax Reform and A Retirement Plan Surprise

As previously discussed, the Tax Cuts and Jobs Act passed at year end contained relatively few retirement plan-related provisions.  However, upon closer review of the more than 1,000-page bill, some of the provisions were found to indirectly affect retirement.   One such exampl…

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18

Jan 2018

Retirement Plan Sponsor Websites

Given that it is part of my job, I have probably looked at more plan sponsor retirement plan websites than most people on the planet.  And, while I have found many wonderful links and resources on these websites, I have also seen many issues that plan sponsors would likely wish to correct. &nbs…

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11

Jan 2018

What Was NOT Passed As Part of the Tax Reform Legislation

The Tax Cuts and Jobs Act that was passed at year-end contained relatively few retirement plan-related provisions. However, likely due to the many retirement-related provisions that were discussed and/or included in the underlying Senate and House bills, rumors persist that the legislation dramatica…

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04

Jan 2018

Lesser-Known Tax Reform Provisions That May Affect Retirement Plan Sponsors

On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act, the most comprehensive reform of the Tax Code in over 30 years. While there are few provisions that directly affect retirement plans (see our recent Compliance Alert for more details), there are a few lesser-known provi…

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21

Dec 2017

My Letter to Santa, 2017 Edition

Dear Santa: Last year, in anticipation of my official designation as a member of your Nice List, I made a number of requests, or “wishes,” as you refer to them, on behalf of the retirement plan community.  I was surprised and extremely grateful for your thoughtful response, especially given …

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14

Dec 2017

The Senate Tax Bill and Last-Minute Controversy Over - 403(b)?

On December 1st, I was eagerly awaiting the vote on the Senate Tax Reform bill, which, as indicated in our recent article on the subject, contained provisions that would have eliminated most of the special contribution limits that apply to 403(b) plans.  My wait ended up being quite long, as th…

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07

Dec 2017

My Favorite Twitter Feeds

Regular readers of this blog know that I am an active Twitter user, and, since starting to tweet in March, I have amassed a fairly decent following by sharing our home-grown content, as well as the best content from other retirement-related Twitter feeds. But who do I follow?  Well, pretty m…

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30

Nov 2017

Proprietary Funds: The New Lightning Rod for 403(b) Plans?

In the world of 403(b), variable annuities have been a lightning rod for criticism by anyone paying attention.  And, for good reason, with the caveat that there are some variable annuities offered by low-cost providers that shouldn’t be lumped in with the rest. However, in the large 403(b) p…

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22

Nov 2017

Retirement Plan Tax Changes: Was I Psychic?

In a recent blog entry on tax reform, I proposed some changes to retirement plan law that could help raise revenue. Now, when I wrote those suggestions, I was fairly confident that neither the House nor the Senate proposal would incorporate any of them. However, either by coincidence, psychic pow…

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16

Nov 2017

Some "Top of Mind" Thoughts on the Tax Reform Proposals

On November 2, 2017, the House released its version of a tax reform proposal, the Tax Cuts and Jobs Act. On November 9th, the Senate issued its markup of the Act, which was substantially different from the House version, particularly with respect to retirement plan changes. The next step will likely…

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