Recent Articles From John Iekel

John Iekel

John Iekel

John Iekel

By John Iekel, Ray Harmon5/15/2015 • 0 Comments

The Pennsylvania Senate has approved SB 1, the measure that would reform the Pennsylvania Public School Employees’ Retirement System and the State Employees’ Retirement System; it is now before the House.

By John Iekel5/11/2015 • 0 Comments

The Illinois Supreme Court was of one mind on May 8, unanimously ruling that the state’s 2013 pension reform law violates the state constitution.

By John Iekel5/8/2015 • 0 Comments

In testimony at a recent hearing held by the Rhode Island House Committee of Labor, the American Retirement Association expressed strong support for a bill that would establish a private-sector employer IRA program in the Ocean State.

By John Iekel5/7/2015 • 0 Comments

Cyber attacks, and the threat they pose to firms that provide finance-related services and their clients, prompted the recent release by the SEC’s Division of Investment Management of some steps that can protect against them

By John Iekel4/30/2015 • 0 Comments

From coast to coast, cities figure prominently in the debate over — and problems facing — public pensions.

By John Iekel, Ray Harmon4/15/2015 • 0 Comments

State legislatures continue to be active in considering ways to improve and enhance the retirement readiness of their citizens. The latest: North Carolina and Maine.

By John Iekel4/14/2015 • 0 Comments

It’s been a long time coming, but after a nearly five-year odyssey the Department of Labor on April 14 unveiled a proposed regulation that redefines who a plan fiduciary is — and makes it clear that the Obama administration intends the rule to be a way to increase consumer protections for plan sponsors, fiduciaries, participants, beneficiaries and IRA owners.

By John Iekel4/9/2015 • 0 Comments

The IRS recently issued a reminder regarding the importance of following the Universal Availability Rule on participation in 403(b) plans, and what an employer can do if it runs afoul of it.

By John Iekel3/30/2015 • 0 Comments

State revenues collectively exceeded expenditures in 2013 — the most recent year for which complete data is available — but that didn’t translate to widespread public pension health.

By John Iekel3/27/2015 • 0 Comments

The Nevada State Assembly is considering legislation that would establish a new retirement plan for new public sector employees and expand all public employees’ choices regarding how their retirement plan funds are invested.

By John Iekel3/25/2015 • 0 Comments

Oregon has joined the states that are weighing the establishment of a state retirement plan to cover private-sector employees whose employers do not offer a retirement plan.

By Ray Harmon, John Iekel3/20/2015 • 0 Comments

Securities and Exchange Commission Chair Mary Jo White confirmed March 17 that the commission will “implement a uniform fiduciary duty for broker-dealers and investment advisors where the standard is to act in the best interest of the investor.”

By John Iekel3/17/2015 • 0 Comments

The Treasury Department and IRS have invited recommendations on what the priority guidance plan for 2015-2016 should contain.

By John Iekel3/12/2015 • 0 Comments

The IRS announced on March 11 that it for the first time in two years it has updated the information package containing sample plan provisions concerning pre-approved 403(b) plans.

By John Iekel3/12/2015 • 0 Comments

Most states are making a good faith effort to meet their annual required contributions to their state pension systems, concludes the National Association of State Retirement in a recent study.

By John Iekel3/11/2015 • 0 Comments

Michigan’s state employee retirement plan could be paying out a sizable chunk more in benefits four years from now.

By John Iekel3/9/2015 • 0 Comments

Floridians who take loans against their retirement plans have to pay a state tax on those distributions. But the Florida House of Representatives is considering a bill that could affect that tax treatment.

By John Iekel3/9/2015 • 0 Comments

Identical bills before both chambers of the Iowa legislature would end state taxation of pensions and other forms of retirement income — but only through 2020.

By John Iekel3/5/2015 • 0 Comments

The New Jersey Pension and Health Benefits Study Commission has issued its findings and proposals for how the Garden State can address its seemingly intractable state pension funding problems.

By John Iekel3/5/2015 • 0 Comments

Legislation before the California Assembly would enhance information provided to participants in the California State Teachers’ Retirement System.

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