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The article presents a notice of proposed amendments related to State Employees Retirement System of Illinois. Topics include State Employees' Retirement System's efforts to implement PA 100-587, payment options provided under the SERS plan, and no impact on small businesses, small municipalities and not-for-profit corporations under rulemaking.

The article discusses the management of a U.S. individual retirement account (IRA) as of June 2012, focusing on investments in stocks, bonds, and mutual funds, as well as the risks associated with creative IRA investment ventures. The legal principle of self-dealing is examined as it relates to IRA investments. An IRA owner is reportedly barred from co-mingling IRA and non-retirement funds, as well as from making an investment or a loan which would benefit the IRA owner. The tax benefits of a Roth IRA are also examined.

The article focuses on a fiduciary rule issued by the U.S. Department of Labor, governing the brokers and registered investment advisers that offers retirement planning. It states that the agency has passed its legal challenge developed by the U.S. Chamber of Commerce, Financial Services Institute, and the Insured Retirement Institute, on the interest of venue shopping.

The article discusses how several American states such as California are trying to implement laws and programs aimed at assisting certain residents with retirement savings-related issues as of 2016, and it mentions a lack of action by the U.S. Congress regarding a federal auto-individual retirement account (IRA) plan and comprehensive retirement savings-related reforms. A California retirement-savings-based law is examined, along initiatives and legislation in Washington, Oregon, and Illinois.

The article discusses the potential impact of the reported reduction in the U.S. military's benefits and compensation. Topics covered include the U.S. Congress proposals for U.S. military retirement and health care reform, the reduction in military pay raises, and the proposed reduction in the housing stipends of U.S. troops. It also discusses the proposed reduction in the U.S. military's commissary benefits and health care benefits.

The article offers suggestions for 401(k) retirement planning in the U.S. Topics include the opportunities provided to young employees which are automatically be provided, the need to contribute less to match the company for career and recommended savings and the essential to become aware in retirement costs that are associated with the plans.

The article presents the Illinois State Universities Retirement System's Notice of Proposed Amendments to Universities Retirement law.

The article offers information on the notice of proposed amendments from the State Employees' Retirement System of Illinois regarding the administration and operation of the state employees' retirement system of Illinois. Topics discussed include a description of the subjects and issues involved, the impact of proposed rulemaking on small businesses, small municipalities and not for profit corporations, and manner in which interested persons may comment on this proposed rulemaking.

The article offers information on a notice of proposed amendments from the Illinois State Universities Retirement System regarding universities retirement. Topics discussed include a description of the subjects and issues involved, the impact of proposed rulemaking on small businesses, small municipalities and not for profit corporations, and manner in which interested persons may comment on this proposed rulemaking.

The article focuses on the move of Rhode Island Treasurer Gina Raimondo to lead the war on public pensions by slashing the benefits of state employees. It notes the implementation of the Rhode Island Retirement Security Act of 2011, considering it as the most comprehensive pension reform ever adopted. It also mentions the reaction of several public employee unions and heads of the issue and the other states which have implemented the same scenario.

The article discusses the law and legislation related to the divorce agreements in Kansas. It highlights problems that can occur when participants in an employee benefit plan are involved in a divorce and offers suggestions on how these problems can be prevented. It also tackles the laws governing employee benefit plans, qualified retirement plans, and the employment benefit plans of the Employee Retirement Income Security Act of 1974 (ERISA).

The article focuses on the proposed rule of the U.S. Department of Labor released on April 14, 2015 that would add 401(k) or employee plan rollovers and individual retirement accounts (IRA) to the definition of fiduciary duties. Topics covered include the impact of the rule on the retirement savings industry, the rule on broker commissions, and the retirement planner's fiduciary duties under the proposal.

The article presents information on the changes and Strategies regarding Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act). Topics discussed include details on the changes in SECURE Act such as required minimum distributions and tax deduction in individual retirement plan (IRA); particulars on the strategies on IRA such as charitable remainder trust and leverage life insurance; and tax burdens.

The article focuses on the Setting Every Community Up for Retirement Enhancement (SECURE) Act that was signed into legislation on December 20, 2019. It mentions that the new provision may offer some relief to high-income taxpayers and those who continue to work past age 72 years; and mentions that SECURE has eliminated the proverbial stretch individual retirement account (IRA). It also mentions that an enhanced tax credit is also being offered to employers.

The article details a project from the U.S. Internal Revenue Service' (IRS) Employee Plans Compliance Unit in which it sent a letter to retirement plan sponsors that reported a decline in plan participants (PP) and had participants who were partially vested and terminated from employment. Also mentioned are the benefits of the project including the reinstatement of PP's forfeitures and lost earnings and the increase in practitioners' awareness of the IRS position on partial termination.

The author reflects on the 1974 Employee Retirement Income Security Act (ERISA) whose flaws if not corrected by U.S. Congress can endanger the existence of multiple-employer pension and health plans. It points out that the multiemployer pension and health and welfare funds which are run jointly by union and management trustees is seen as the most effective way to provide pension coverage. It indicates the need for U.S. Congress to address the problem of pension insurance and contingent liability now for the survival of the multiemployer concept.

The article overviews the fiduciary rule and best-interest contract exemption requirement regarding the Employee Retirement Income Security Act of 1974 (ERISA) of the Department of Labor, for individual retirement account (IRA). The fiduciary rule details about the fiduciary-prohibited transactions in retirement accounts, recommendations on best-contract for IRA, and its obligations. The rule also provides information on industry-standard mandatory arbitration and its class-action lawsuit.

The article discusses the U.S. laws for identifying, preventing and mitigating common retirement distribution planning mistakes . Topics discussed include features of individual retirement accounts (IRAs); rules governing the qualified retirement plans; benefit of executing a spousal rollover; and the required minimum distributions (RMDs) rules.

The article explores the implications of the major changes to the fudiciary standard that were announced by the U.S. Department of Labor for professionals who give retirement investment advice. Topics covered include the views of Chad Olivier, owner of wealth management advisory firm Olivier Group, on the proposed changes, the goals of the Labor Department in proposing the changes and a statement from Financial Services Institute Chief Executive Officer Dale Brown about the new rules.

A Roth IRA is a good savings vehicle for workers who expect to move to a higher tax bracket in retirement. [ABSTRACT FROM AUTHOR]

Healthcare costs are on the rise and Social Security's cost-of-living adjustment isn't enough to keep up with the rising medical costs. [ABSTRACT FROM AUTHOR]

Recent regulations require companies to be similar in nature in order to participate, but when done right the advantages can be plentiful. [ABSTRACT FROM AUTHOR]

The article offers information on the notice of proposed amendments from the State Employees' Retirement System of Illinois. Topics discussed include a description of the subjects and issues involved, the impact of proposed rulemaking on small businesses, small municipalities and not for profit corporations, and manner in which interested persons may comment on this proposed rulemaking.

The article focuses on a delay on the implementation of a fiduciary rule proposed by U.S. President Donald Trump, concerning the retirement planning. It states that the Trump administration has proposed a rule governing the practices of investment advisors when interacting with clients applying for retirement plans. It mentions that the rule was one of the signature achivements of the U.S. Department of Labor under the Obama administration.

The article reports on the support given by the American Association of Retired Persons (AARP) and ERISA Industry Committee (ERIC) to Congressional resolutions that would stop state and city-mandated workplace retirement savings programs without a private sector plan. The resolutions which are sponsored by Republican Representatives Tim Walberg of Michigan and Francis Rooney of Florida will invalidate these programs. A survey by the National Institute For Retirement Security is cited.

The authors discuss the development of a retirement plan for college personnel that offer resistance to lawsuits based on the Employee Retirement Income Security Act of 1974 (ERISA). Topics mentioned include the regulations for fiduciaries or trust and trustees of retirement plans, the need of training for fiduciaries by counsel with expertise in ERISA retirement plans, and the retirement plan management.

The article reports on the possible impact of the 2016 election of Donald Trump as U.S. president on the debated fiduciary rule being pushed by U.S. President Barack Obama that requires financial advisers to put their clients' interests first.

The article discusses rules adopted by the U.S. Department of Labor to remove regulatory barriers from state-sponsored retirement plans. It informs that the Philadelphia City Council has adopted a resolution to create a task force on Retirement Security for Private Sector Employees in Philadelphia. It also highlights the initiative of the insurance company CUNA Mutual Group for the same.

The article provides information on the California Secure Choice Retirement Program, a state-sponsored retirement plan required of private-sector businesses in California.

The article explores ways best ways for investing money and retirement planning in the U.S. Topics discussed include use of cash-balance plans that allow high-income business owners to put aside vastly more money on a tax-deferred basis than other programs; taxation on retirement savings; and tax-deductible basis for growing corporations.

The article discusses the results of an income simulation analysis by the U.S. nonpartisan organization Employee Benefit Research Institute (EBRI) to produce an adequate annual income of atleast 60 percent of pre-retirement earnings in the U.S. It mentions the possibility of young workers to fund a comfortable retirement plan and the benefits of an inflation-adjusted basis. It also highlights the increasing numbers for voluntary enrollment plans for employee benefits.

The article reports that retirement service providers are chalking out attractive new plans to face the challenge of popular retirement plan legislation. The proposed new legislation will pave the way for automatic enrollment in defined contribution plans as well as automatic increases in participant contributions. Some fund companies say that automatic enrollment programs will pave way for too many accounts with small balances which will hike operational cost.

The article focuses on the result of the survey on baby bomers regarding the impact of being married in achieving the highest levels of retirement security. It tells that more than eight in 10 married baby boomers with 81.9% report on having retirement savings. It mentions that boomer couples are far less likely to be relying on Social Security for retirement income in which 31.7% expects to lean on it as a major source income, compared with single baby boomers with 52.7%.

The article reports on the retirement-plan disclosure rules issued by the U.S. Department of Labor's Employee Benefits Security Administration, which require employers, plans participants, and beneficiaries to provide more information about their plan's fees.

The article offers information on the advantages of converting ones Roth individual retirement accounts (IRAs) as the regulation has been changed in the U.S. It states that the biggest change about Roth is that all taxpayers are eligible to convert their IRA to Roth. It mentions that tax code eliminates the modified adjusted gross income (MAGI) and filing status requirements limiting Roth conversions starting in 2010.

The article focuses on the conversion of assets from traditional individual retirement accounts (IRAs) to Roth IRAs for people with more than 100,000 dollars taxable incomes in 2010. It says that the move was made through a subsequent tax reform changes enacted in 2005 by the Tax Increase Prevention and Reconciliation Act of 2005. Insights of several tax and investment advisers in Des Moines, Iowa including Jim Sandager, Tim Hawkins, and Chris Collins regarding the changes are also presented.