IN THE MEDIA
IRALOGIX Taps Keith Haas for CFO Role
[25-year Finance Executive of High-Growth Private and Public Tech Companies] Pittsburgh, PA, September 10, 2024 – IRALOGIX, a leading retirement industry fintech provider, today announced the appointment of Keith Haas as Chief Financial Officer. Haas assumed his new position September 3 and reports ...
Finally, Final RMD Regulations Clarify 10-Year Rule for Beneficiaries
Beneficiaries of retirement savings have been in limbo for the past 4½ years because the SECURE Act of 2019 (1.0) radically changed the beneficiary distribution rules and the Treasury/IRS proposed an interpretation of those rules that was unexpected and never finalized. That uncertainty ends now, as...
Courts Delay DOL’s New Fiduciary Package & PTEs
Two federal courts in Texas have granted plaintiffs’ requests to delay the effective date of the DOL’s new fiduciary rule, pending further court action. As a result, the DOL’s most recent final regulations to re-define an “investment advice fiduciary” to cover more investment professionals, retireme...
Court Delays New Fiduciary Rule & PTE 84-24, But Not PTE 2020-02
A federal court in Texas has granted plaintiffs’ request to delay the effective date of the DOL’s new fiduciary rule that would have assigned ERISA fiduciary status to more investment professionals, including insurance agents. The DOL’s new definition of fiduciary will not become effective September...
How and When to Comply with the DOL’s New Fiduciary Rule
Right now, investment professionals are deemed to be an ERISA fiduciary if their actions meet all factors of the 1975 Five-Part Test, which include providing advice to a retirement investor on a regular basis.1 But soon, the Department of Labor’s (DOL) new definition of “fiduciary” for nondiscretion...
Retired Baby Boomer Survey Results
A TALE OF TWO REALITIES: MOST RETIRED BABY BOOMERS FEEL FINANCIALLY SECUREAND FULFILLED DESPITE HEAVY RELIANCE ON SOCIAL SECURITY, NEW SURVEY REVEALS Financial Security to Retired Boomers May Be Different than to Other Generations Healthcare Costs, Inflation Cited as Major Challenges to Accumulation...