Ignites: Tax Overhaul Would Hurt 401(k)s

Tax Overhaul Would Hurt 401(k) s: Retirement Industry  (Note: subscriber only content) Excerpt: “Industry groups, including the American Society of Pension Professionals & Actuaries, the Investment Company Institute, American Benefits Council and Insured Retirement Institute, issued statements after Camp’s introduction of the proposal last week. A 10% surtax on plan contributions for high-income workers would… Continue reading

Obama’s 2015 Budget Is a House of Cards

The following is a statement from Brian H. Graff, Executive Director/CEO of the American Society of Pension Professionals & Actuaries (ASPPA) in response to the proposed fiscal year 2015 budget President Barack Obama released today: “Unfortunately, this year’s budget proposal includes the same wrong-headed attacks on employer-sponsored retirement plans as last year. The double tax… Continue reading

Financial Times: Don’t Curb ‘Death Master File’ Access for 401(k)s

ICI: Don’t Curb ‘Death Master File’ Access for 401(k)s Excerpt: “The Department of Commerce seems to intend for access to continue as groups go through the certification process, says Judy Miller, director of retirement policy at the American Society of Pension Professionals & Actuaries, another signatory to the letter. “But [the department’s intention] wasn’t clear,”… Continue reading