New Hardship Rules

The Bipartisan Budget Act of 2018 (“the Act”) changed some hardship distribution rules – generally simplifying things, but we know that any change brings at least temporary complications.  The IRS has issued final regulations, so we are ready to start taking action to implement the new rules (or not, as the case may be).  Plan […]

May 2019 update

Some information and thoughts after attending a pension conference (accountants please be sure to see item #2): Fixing plan defects is somewhat easier.  We’d like to think our plans are perfectly run, and in fact we think they are certainly run better than most, but to be honest, I could probably find something wrong with […]

Latest (latest!) on the fiduciary rule

As discussed in an earlier blogpost (and here, and here), the Fifth Circuit Court of Appeals, covering Louisiana, Mississippi, and Texas, determined that the rule is impermissible (by a 2-1 vote on a 3 judge panel).  Several organizations, including AARP, requested standing as defendants but those motions were denied, and the Department of Labor, which […]