Regulation
Senators Grill the Feds After Allowing Retirees to Receive Lump-Sum Benefits
Retirees sometimes left devoid of important information in buyout decision–making process, lawmakers argue.
Clarification of 1.4% excise tax could reduce amount paid by universities.
Attevo Inc.’s Charles Snyder allegedly used funds to support ‘lavish lifestyle.’
Changes include increased contribution limits for 401(k), 403(b), and most 457 plans.
Move means plan contributions, PBGC premiums may rise.