Posts from November 2017.
Last December, the DOL announced the release of regulations that would operate to modify existing administrative procedures for certain disability claims. These regulations, effective on January 18, 2017, were to be applied to claims for disability benefits filed on or after January 1, 2018. As outlined in our previous blog post, some of the ...
Under the Bipartisan Budget Act of 2015 (Act), the flat-rate and variable rate PBGC premiums increased substantially for 2017. The annual per-participant flat rate premiums increased nearly 8% for 2017, and will experience a similar bump for 2018. Under the Act, the variable-rate rate premiums will increase another $4 from 2017 to $38 per $1,000 ...
Many of us in the retirement plan industry breathed a sigh of relief when we saw that the proposed tax bill, the Tax Cuts and Jobs Act, issued by the House last week didn’t reduce the limit on the amount of pre-tax elective deferrals. The bill leaves the 402(g) limit alone ($18,000 for 2017). However, it does contain a number of proposed changes to ...