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April 17th, 2020 Information & Insights for the 403(b) Community Some Employees Must Plan for a Retirement Without Social Security Financial wellness programs and broader use of auto-enrollment in DC plans could help public sector employees who are missing out on a major source of retirement income. Parties in Princeton University ERISA Lawsuit Reach Agreement to Settle The District Court had previously denied a motion to reconsider an earlier decision to let parts of the lawsuit move forward. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” Retirees Returning to the Public Sector Face Limitations The growing need for public-sector employees has retirees willing to return to work, but limitations on public pensions and Social Security may deter them. Money Manager’s COVID-19 Message: Stay the Course “Rather than panic and act on their emotions, the vast majority of participants allowed their DC plans to do the job they were meant to do,” says Katherine Roy at J.P. Morgan, recalling the lessons learned from the Great Recession. Security Benefit Waives Mutual Fund Custodial Fees The waivers on these include loan origination fees of $50, manual distribution fees of $25 per distribution and plan amendment fees of $250. IPX Adds Extra Annuity Products for Distribution The Investment Provider Xchange (IPX), a solutions provider for retirement plan professionals, plan sponsors and participants in the 403(b) and 457(b) space, is making additional annuity products available for distribution. Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 400, Rockville, MD 20850