Resources

ERISA

  • DOL Delays Fiduciary Rule On Monday, November 27, 2017, the Department of Labor (DOL) announced that some key provisions of the fiduciary rule will be extended for… Date:   Monday, December 4, 2017   ·   Source:   HANYS Benefit Services
  • Remedial Amendment Period for §403(b) Plans Sponsors of 403(b) plans, both those subject to the Employee Retirement Income Security Act (ERISA) and non-ERISA plans, were required… Date:   Monday, February 6, 2017   ·   Source:   HANYS Benefit Services
  • Key Retirement and Employee Benefits Compliance Reminders for February Due February 28th Paper filing of Form 1099-R to IRS for distributions made in 2016. Section 6055 Reporting - Forms 1094-B and… Date:   Wednesday, February 1, 2017   ·   Source:   HANYS Benefit Services
  • Understanding Your Retirement Plan Fee Methodology Understanding your retirement plan’s fees is not only a good practice; it’s a fiduciary requirement as prescribed by the U.S. Department… Date:   Thursday, January 19, 2017   ·   Source:   HANYS Benefit Services
  • Fiduciary Checklist for Target Date Fund Decisions As target date funds continue to garner a significant portion of retirement plan assets, it becomes increasingly important for plan… Date:   Wednesday, July 20, 2016   ·   Source:   HANYS Benefit Services
  • Supreme Court Ruling Highlights Importance of Fiduciary Responsibility The recent U.S. Supreme Court ruling in Tibble vs. Edison has been described as “historic,” “ground-breaking,” and even “revolutionary.”… Date:   Monday, June 22, 2015   ·   Source:   HANYS Benefit Services
  • How Saratoga Hospital Reduced Their Retirement Plan Expenses When it comes to reducing retirement plan expenses, there is no time to waste! Saratoga Hospital wanted to quickly establish a… Date:   Tuesday, December 2, 2014   ·   Source:   HANYS Benefit Services
  • The Perils of a Non-ERISA 403(b) Plan Non-ERISA 403(b) plans seem to be dropping in popularity among non-profit organizations. Given regulatory guidelines that can be… Date:   Tuesday, September 2, 2014   ·   Source:   HANYS Benefit Services
  • Roles and Responsibilities Refresher for the Prudent Plan Fiduciary Fiduciaries of defined contribution retirement plans are under closer scrutiny than ever before. Plan participants are filing lawsuits,… Date:   Monday, August 25, 2014   ·   Source:   HANYS Benefit Services
  • Avoiding Fiduciary Liability - A Common Sense Approach The Employee Retirement Income Security Act of 1974 (ERISA) sets the minimum standards for pension plans in the private industry. ERISA… Date:   Monday, September 23, 2013   ·   Source:   HANYS Benefit Services
  • Target Date Retirement Funds - TIPS for ERISA Plan Fiduciaries The Plan Sponsor Council of America (PSCA) recently released the 2013 403(b) Plan Survey. The survey showed that 73.6% of plans offer… Date:   Monday, September 23, 2013   ·   Source:   HANYS Benefit Services