ABA supports bill to expand investment options for retirement plans at nonprofits
ABA said CITs are subject to the Employee Retirement Income Security Act of 1974 and must comply with federal tax ...
Tag: Retirement issues
FDIC alerts banks about new QPAM exemption changes
The FDIC issued a financial institution letter to notify banks about recent amendments to the prohibited transaction class exemption 84-14 ...
Federal court issues stay on fiduciary rule enforcement
A Texas court ordered a nationwide stay of a Department of Labor final rule that expands fiduciary status to nearly ...
IRS finalizes rule on proposed required minimum distributions
The IRS finalized its proposed rule on required minimum distributions, including requirements for distributions from a qualified retirement plan—such as ...
ABA, associations: Fiduciary rule poses threat to Americans’ financial security
ABA and 12 associations are urging House lawmakers to support four Congressional Review Act resolutions that would overturn a Department ...
Labor Department finalizes amendments to QPAM exemption
The Department of Labor finalized its proposed amendments to prohibited transaction class exemption 84-14, better known as the QPAM exemption.
House passes capital formation package
The House passed a package of capital markets bills that included ABA-supported provisions on SEC reporting thresholds and 403(b) retirement ...
ABA: Proposed fiduciary rule would do more harm than good
The Department of Labor’s proposed fiduciary rule is overbroad, overreaching and would likely harm the very people the agency seeks ...
ABA, ICI: QPAM exemption amendments rely on flawed analysis
The Labor Department’s proposed amendments to Prohibited Transaction Exemption 84-14, known as the Qualified Professional Asset Manager exemption, continue to ...
Fiduciary proposal would establish new requirements for retirement advisers
The Labor Department proposed a new rule that would extend fiduciary status to advice on rollovers and investments related to ...
