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Articles by James Solheim
SECURE Act: Lifetime Income Investment Portability and Safe Harbor
The SECURE Act made it much easier for employer 401(k) and other plans to offer guaranteed lifetime income investment options provided by life insurance companies. It remains to be seen whether employers will now offer them, and if they do whether employees will choose them.
Reg. BI’s 401(k) Rollover Obligations
The SEC’s new Regulation Best Interest (“Reg. BI”) imposes a set of obligations on broker-dealers when giving advice to retail customers. Reg. BI in part targets transactions involving 401(k) rollovers into an IRA. These tend to be one-shot transactions where the interests of the broker-dealer do not necessarily coincide with the long-term interests of their customers. What exactly does Reg. BI require of broker-dealers in the rollover context? And aside from Reg.
Churches Sponsoring Advocacy Days on US Policies in Africa and the Middle East
Church-related advocates working for just US policies in Africa and the Middle East are sponsoring an ecumenical gathering in Washington, DC, February 23-26, to pressure Congress and the Bush administration to develop more just and peaceful policies in those critical regions of the world.
Anglican and Roman Catholic bishops meet in Malta to discuss ways to promote a 'lived ecumenism'
Six Anglican and six Roman Catholic bishops met November 19-23 at a retreat house in Malta to discuss further steps on the road to unity between the two churches. The bishops are members of the International Anglican-Roman Catholic Commission for Unity and Mission (IARCUUM), established in 2000 in a historic international meeting in Canada of bishops from regions of the world where relations between the two churches are especially critical.
Ecumenical Delegation Hears of Palestinian Suffering
Shaking off the vestiges of jet lag, a delegation of 26 church leaders representing 12 U.S. denominations and organizations waded into the thicket of Middle East issues December 8, talking with those who are most directly affected by the increasing violence that has plagued the area for the last two months.
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