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Jack Towarnicky, PSCA Executive Director, will testify before the ERISA Advisory Council of the Employee Benefit Security Administration at the Department of Labor on June 19, 2018 at 10:00 a.m. Towarnicky will focus his comments on plan sponsor needs and concerns with respect to retirement income. The 2018 ERISA Advisory Council’s topic is...
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The Plan Sponsor Council of America (PSCA), a part of the American Retirement Association (ARA), today presented its second annual volunteer service awards, sponsored by Charles Schwab, at the lunch and raffle at its the 71st Annual National Conference.
“Throughout the last year and more, these four individuals have contributed above and beyond...
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The Plan Sponsor Council of America (PSCA), part of the American Retirement Association (ARA), this evening announced the winners of its 2018 Signature Awards at a special presentation leading up to its 71st Annual National Conference, running May 1-2 in Scottsdale, Arizona. In addition, Cindy Hounsell, President of the Women’s Institute For A...
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Cindy Hounsell, President of the Women’s Institute For A Secure Retirement (WISER), will receive the Plan Sponsor Council of America’s prestigious Lifetime Achievement Award at the 71st Annual National Conference to be held May 1-2, 2018 at the Scottsdale Resort at McCormick Ranch in Scottsdale, Arizona.
Said her nominator Annette Grabow,...
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Plans with an automatic enrollment feature nearly doubled over the past decade according to the Plan Sponsor Council of America’s (PSCA) 60th Annual Survey of Profit Sharing and 401(k) Plans. PSCA, part of the American Retirement Association, found 59.7 percent of plans have an automatic enrollment feature in 2016 compared to 35.6 percent in 2007...
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Roth availability doubled in the last decade according to the Plan Sponsor Council of America’s (PSCA) 60th Annual Survey of Profit Sharing and 401(k) Plans. PSCA, part of the American Retirement Association, found Roth was offered in 63.1 percent of plans in 2016 compared to 30.3 percent in 2007. The Survey found that 7.2 percent of plans added...
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The Plan Sponsor Council of America (PSCA), a part of the American Retirement Association (ARA), today announced its sponsorship of the fourth annual 4.01(k) Race For Financial Fitness. The race raises money to support local financial literacy programs for kids in eight cities across the country. The goal is to bring national attention and funding...
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Highlights:
More participants made contributions in 2016 – 84.9 percent.
Roth availability increased again – now offered at 63.1 percent of companies.
Company contributions increased to an average of 4.8 percent of participants’ pay.
Target-date funds are now offered in nearly three-fourths of plans.
An average of 22.2 percent of assets are...
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Members of the Plan Sponsor Council of America (PSCA) voted to join the American Retirement Association (ARA), effective December 29, 2017.
Under terms of a combination agreement announced in November, and following the conclusion of a membership vote of both organizations, PSCA will become a division of the American Retirement Association,...
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The Plan Sponsor Council of America (PSCA) will join the American Retirement Association (ARA), under the terms of a combination agreement signed by the Board of Directors of both organizations.
Effective Dec. 29, 2017, PSCA will become a membership division of the American Retirement Association, alongside the four other premier retirement...
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