Tag: President Trump
Three changes to RMDs I’d like to see. On August 31, President Trump signed an executive order to make it easier for small employers to offer 401(k)s through multiple-employer plans and to review the rules on required minimum distributions (RMDs). Expanding access to multiple employer plans is a good idea and a central component of…
The cuts aren’t unreasonable, but could make it hard to hire talented people. I’m always on the lookout for proposed policies that affect pensions, and the president’s fiscal 2019 budget includes a number of proposals to reduce retirement benefits for federal civilian workers. The bulk of federal civilian workers are automatically covered by a defined-benefit plan –…
