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The Democrats have laid out their party platform — and when it comes to retirement issues, they plan to do a lot of fighting.
Asserting its claim for summary judgement in the fiduciary rule litigation, one set of plaintiffs says that the Department of Labor (DOL) is counting on the sheer complexity of the issues to prevail in court.
As the dates for oral arguments approach, another set of plaintiffs have made their case for a quick summary judgment decision in their favor.
The plaintiffs in the first lawsuit filed challenging the Department of Labor (DOL’s) fiduciary regulation take an aggressive stance in their motion for summary judgment.
In MarketBeat, Robert Toth says there is no good way to report policy loans issued by insurance carriers under the 403(b) annuity contracts held under the plans on the Form 5500, and that the changes proposed to the form do not help.
In Tech Talk, Ellie Lowder tells us whether the plan sponsor in a non-ERISA (public education) 403(b) plan is responsible for oversight of individual annuity contracts and individual custodial accounts.
According to a new report by the National Association of State Retirement Administrators, state and local governments’ contributions are now at the highest level they have been since the economy’s recent nadir.
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