MassMutual Offers White Paper on Latest 403(b) Regulations

October 14, 2010 (PLANSPONSOR.com) - MassMutual's Retirement Services Division has published a white paper on the latest 403(b) regulations and the impact on fiduciary duties, including Form 5500 reporting/audit requirements and Internal Revenue Service (IRS) regulations.

“The New World of 403(b): A Guide to Best Practices for Plan Fiduciaries” provides advisers and plan fiduciaries with the tools to identify their liabilities and mitigate risk.  The white paper chronicles changes in 403(b) regulations and helps advisers identify issues with the recent changes so they can help ensure that their clients understand their obligations in order to maintain compliance.  

“We understand it can be challenging for plan sponsors to keep up on regulatory changes when the changes happen so frequently. At MassMutual, we are here to support advisers so they are equipped to help plan sponsors comply with the new regulations, maximize the benefits of their 403(b) plan, and help prepare participants for a successful path to retirement,” said M. Palmer Whitney, national managing director, not-for-profit market, MassMutual’s Retirement Services Division, in a press release.  

To obtain a copy of the white paper, contact a MassMutual sales representative or MassMutual’s adviser support team at 1-866-444-2601, or download the white paper at https://wwwrs.massmutual.com/retire/pdffolder/rs4655.pdf.

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