Advertisement
News Archive
Chairman Camps Proposal Raises Concerns for Retirement Security
2/27/2014 Contact:Ed FerrignoVice President, Washington AffairsPlan Sponsor Council of [email protected] Washington, DC (February 27, 2014) - The Plan Sponsor Council of America (PSCA) applauds Chairman Camp for introducing his discussion draft for tax reform yesterday. The proposal is the foundation for a long and, hopefully,... Read More >>
Benchmarking Survey to Identify 403(b) Plan Best Practices and Key Trends
Non-profit organizations that sponsor 403(b) plans have an opportunity to find out how their retirement program compares to others across the nation by participating in the 2014 Plan Sponsor Council of America (PSCA) 403(b) Plan Survey. The sixth annual survey, sponsored by the Principal Financial Group®, features relevant questions on key... Read More >>
DOMA Revisited Webinar
Our Latest Webinar: DOMA Revisited: What is the Impact on Retirement Plans? Original Air Date: February 11, 2014 PSCA was pleased to present an update on the repeal of Section 3 of the Defense of Marriage Act (DOMA) and its impact on Retirement Plans. In this interactive webinar you heard the answers to the following questions: What are... Read More >>
PSCA Joins Amicus Curiae Brief in Supreme Court ESOP Case
PSCA joined four other benefits associations on an amicus curiae brief in Fifth Third Bancorp v Dudenhoeffer. The Supreme Court is reviewing whether the Sixth Circuit Court of Appeals “erred by holding that respondents were not required to plausibly allege in their complaint that the fiduciaries of an employee stock ownership plan abused their... Read More >>
PSCA Joins Group Letter on Death Master File Certification
PSCA joined 14 other organizations to urge the Department of Commerce to mitigate any harmful effects in the new certification program for accessing the Social Security Administration-produced Death Master File (DMF). The DMF contains personal identification data of deceased persons. It is widely used to administer various employer provided... Read More >>
David Booth, Chairman and Co-CEO of Dimensional Fund Advisors to Chair PSCA Investment Committee
The Plan Sponsor Council of America (“PSCA”) is proud to announce that David Booth, chairman and co-CEO of Dimensional Fund Advisors, a global asset management firm, has been appointed chairman of the PSCA’s Investment Committee. In this capacity, David will assist leading Plan Sponsors and industry stakeholders as they apply the science of... Read More >>
PSCA Urges Treasury to Apply Same Sex Marriage Rules Prospectively
PSCA joined several other associations on a letter urging anticipated Department of Treasury guidance on the impact of the United States v. Windsor decision on retirement plans to be required to be applied on a prospective-only basis. The IRS issued the first round of guidance on August 29, 2013 (see the August Executive report), and mandated a... Read More >>
Coalition to Protect Retirement Launches Campaign to Safeguard Retirement Savings Incentives
Coalition to Protect Retirement Launches Campaign to Safeguard Retirement Savings Incentives Nearly 9 in 10 Americans Say Retirement Savings Accounts Should be “Off Limits” As a Source of New Tax Revenue Part of National Campaign to Raise Awareness About Benefits of Tax Deferral WASHINGTON, D.C. — Americans overwhelmingly – by a margin of 4 to 1... Read More >>
IRS and Treasury Adopt "State of Celebration" Rule for Same Sex Marriage
On August 29, the Department of Treasury and the Internal Revenue Service issued Revenue Ruling 2013-17 to clarify the treatment, for tax purposes, of same-sex marriages following the Supreme Court’s June decision in United States v. Windsor. In Windsor, the Court held unconstitutional Section 3 of the Defense of Marriage Act that provided, for... Read More >>
PSCA Comment Letter
The Plan Sponsor Council of America (PSCA) is pleased to comment on the Advance Notice of Proposed Rulemaking (the ANPRM) regarding a requirement to include an account balance projection and lifetime income stream illustrations to the benefit statement provided to individual account plan participants and certain beneficiaries. PSCA is a nonprofit... Read More >>