Skip to main content

You are here

Advertisement

Nevin E. Adams, JD

By Nevin E. Adams, JD | 12/8/2014
By a large bipartisan majority, the U.S. House of Representatives last week passed tax-extender relief legislation that would, among other things, impact multiemployer pension plan funding. The Tax Increase Prevention Act of 2014 (H.R. 5771) was supported by 202 Republicans and 176 Democrats —... READ MORE
By Nevin E. Adams, JD | 12/8/2014
When plan sponsors were asked recently how they felt their organizations did on several key plan success measures, overall participation rate ranked highest, and was most commonly measured. Participant outcomes did not fare so well. Regarding overall participation rates as a measure, 18% of plan... READ MORE
By Nevin E. Adams, JD | 12/5/2014
By at least one measure, true love could cost a little more this holiday season. The 2014 PNC Christmas Price Index, based on the cost of the gifts recited in the holiday classic, “The Twelve Days of Christmas,” rose just 1% from a year ago, though it would still cost you $27,673.22 in 2014. Still... READ MORE
By Nevin E. Adams, JD | 12/2/2014
This may be the time of year when thoughts turn to stockings hung by the chimney with care, but it’s also the time of year when parents have to deal with assembling some of the things in those packages. And while Santa may have elves on staff to undertake the construction of a tricycle, dollhouse... READ MORE
By Nevin E. Adams, JD | 12/2/2014
Does your retirement plan have a qualified default investment alternative (QDIA)? Have you worked with plan sponsors who have, or who have considered, adopting a QDIA? What type of QDIA was selected, and why?   If you’ve gone through that process, the Government Accountability Office (GAO) wants to... READ MORE
By Nevin E. Adams, JD | 11/24/2014
Thanksgiving has been called a “uniquely American” holiday, and one on which it seems fitting to reflect on all for which we should be thankful. Here’s my 2014 list:  I’m thankful that retirement plan coverage and participation is up, if slightly, and that there seems to be a expanding national... READ MORE
By Nevin E. Adams, JD | 11/21/2014
The Oxford Dictionaries recently declared that “vape” was its Word of the Year. If you’re unfamiliar with “vape,” it means “to inhale and exhale the vapor produced by an electronic cigarette or similar device.” The Oxford Dictionaries’ Word of the Year is a word or expression that Oxford editors... READ MORE
By Nevin E. Adams, JD | 11/20/2014
The Government Accountability Office (GAO) published its final report on Individual Retirement Accounts (IRAs), offering some recommendations for Congress and the IRS on so-called “mega” IRAs. As had the agency’s preliminary reports on IRAs, the new report notes that a small number of taxpayers has... READ MORE
By Nevin E. Adams, JD | 11/20/2014
Those who don't have a retirement plan had better figure out a plan B for retirement, because a new study suggests that they're more likely to misjudge their expected retirement date. While a number of studies have found a gap in retirement expectations, a new analysis by the Employee Benefit... READ MORE
By Nevin E. Adams, JD | 11/19/2014
Five members of the Senate Finance Committee are asking Treasury Secretary Jack Lew for some retirement plan relief. The letter — signed by Senate Finance Committee Chairman Ron Wyden (D-Ore.) and Sens. Debbie Stabenow (D-Mich.), Ben Cardin (D-Md.), Sherrod Brown (D-Ohio) and Bill Nelson (D-Fla... READ MORE
By Nevin E. Adams, JD | 11/17/2014
At a recent conference, our luncheon table got to talking about savings trends and the unique challenges of Millennials, specifically the impact of graduating with so much college debt.  While several at the table had graduated with (and since paid off) college debt, the sums paled in comparison to... READ MORE
By Nevin E. Adams, JD | 11/12/2014
This article originally appeared in the Winter 2014 issue of NAPA Net the Magazine. To view a PDF version of this article, with commentary from Judy Miller, ASPPA's Director of Retirement Policy, CLICK HERE.In physics, a wave is a traveling disturbance that travels through space and matter,... READ MORE
By Nevin E. Adams, JD | 11/11/2014
The IRS issued a clarification Nov. 10 on the application of the one-per-year limit on IRA rollovers. In Announcement 2014-32, the IRS said it had received comments about the “administrative challenges presented by the Bobrow interpretation of §408(d)(3)(B).”  In the announcement the IRS... READ MORE
By Nevin E. Adams, JD | 11/10/2014
The Nov. 7 issue of The New York Times included a story about “Finding, and Battling, Hidden Costs of 401(k) Plans.” The story focused primarily on the plight of Ronald Tussey, the named plaintiff in Tussey v. ABB, Inc., one of the so-called “excess fee” revenue sharing cases.  Tussey, now 70,... READ MORE
By Nevin E. Adams, JD | 11/10/2014
Having regained their Senate majority and deepened their hold on the House, the GOP — with a wary eye on the 2016 elections — may be ready to act on a range of issues affecting the retirement industry.  In a Nov. 6 members-only webcast, NAPA Executive Director Brian Graff and Political Director Jim... READ MORE
By Nevin E. Adams, JD | 11/4/2014
MassMutual and Golden Star, Inc. have asked the court to approve a settlement in their 401(k) revenue-sharing suit.  The settlement (which, according to the Fiduciary Matters Blog, does not involve a separate lawsuit brought by MassMutual’s own employees), allows for two settlement classes to be... READ MORE
By Nevin E. Adams, JD | 11/3/2014
Though I’ve now spent more than three decades working with employment-based benefit plans, I’ve also worked for some very different employers, ranging from organizations that employed tens of thousands of workers to those that were a fraction of that size. Those organizations were all very... READ MORE
By Nevin E. Adams, JD | 10/30/2014
A new CareerBuilder survey indicates that over the past year, 28% of employees have called in to work sick when they were feeling well. While that’s down from 32% last year, asked for their reason(s): 30% just didn’t feel like going in to work 29% wanted the day to relax 19% wanted... READ MORE
By Nevin E. Adams, JD | 10/29/2014
Fiduciary Plan Advisors at HighTower has added two former T. Rowe Price retirement plan execs to its management team. Charlie Vieth, who served as President and Director of T. Rowe Price Retirement Plan Services for 15 years, and Steve Zients, who served for 23 years as Senior Vice President and... READ MORE
By Nevin E. Adams, JD | 10/24/2014
Several months back we acquired an aquarium, and I looked forward to filling it up with all kinds and sizes of exotic fish – only to be disappointed to find out that, despite the massive displays of what appeared to be whole schools of fish in similar sized tanks at the pet store, our tank would... READ MORE

Pages

Advertisement