The Progress and Future of PEP Construction and Regulation
The pandemic has delayed construction of pooled employer plans (PEPs) by at least a few months, but the building continues, as do the efforts of the Executive branch to publish anticipated guidance about compensation, conflicts of interest,...
Proud to Be an American
When I was fresh out of the Marines in the 1990s, I thought President Clinton should resign because he had committed adultery, which is a violation of the Uniform Code of Military Justice, and commanders (including the Commander-in-Chief) are...
The DOLs Request for Information on PEPs and MEPs
The DOL released its RFI on PEP and MEP prohibited transactions on 6/17/20. This article provides a brief analysis of the RFI and what it means for PEP builders. On June 17, 2020, the Department of Labor (DOL) released a request for information...
To Absent Friends
Monday is a special day. For one thing, it is the eighth anniversary of the Department of Labor’s (DOL) publishing of advisory opinions 2012-03A and 2012-04A, governing open MEPs . A big day for the MEP world, when the DOL threw a wet blanket on...
Press Release: Pete Swisher and Waypoint Fiduciary
February 13, 2020 Pete Swisher, one of the retirement industry’s most respected voices, announced today the launch of Waypoint Fiduciary LLC, a thinktank, consultant, and expert fiduciary for the U.S. retirement system. Waypoint’s first engagements...
A First Look at SECURE’s PEP, MEP, and “Group of Plans” Provisions
The SECURE Act represents the most significant retirement plan legislation in more than a decade. Pentegra applauds this legislation, designed to address the retirement savings crisis. The legislation benefits both employers and employees,...
Plain Language on MEPs, PEPs and ‘Groups of Plans’ – SECURE ACT
To understand a new law, it’s often helpful to read the actual law – especially since, in the case of the SECURE Act, we may well be waiting on IRS and DOL regulations for much of 2020. But what if you want to know what that legislative language...
Association Retirement Plans (ARPs)
The entire retirement industry has been devising strategies and product ideas in expectation of receiving new guidance from Washington about multiple employer plans (MEPs). On July 29, 2019, one such piece of guidance arrived in the form of the...
What You Need to Know About Association Retirement Plans (Now)
Final regulations from the DOL open the door to new MEPs The entire retirement industry has been devising strategies and product ideas in expectation of receiving new guidance from Washington about multiple employer plans (MEPs). On July 29, 2019,...