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April 25th, 2023 Information & Insights for the 403(b) Community Several States Approve COLA Increases for Pension Funds, Other States Still Considering COLA boosts to pension distributions have been proposed in Pennsylvania and Texas, while they have already been announced in Maryland and Rhode Island. Better Late Than Never: New Bill Would Permit CITs in 403(b)s A bill is planned to amend securities laws, close a SECURE 2.0 loophole and clear the way for CITs in 403(b) plans. Ask the Experts Understanding Contribution Limits on Unrelated Entities and Across Plan Types I read with great interest your Ask the Experts column that references the 415 limit on contributions for an employee working for two entities within the same controlled group. Does the same logic apply if the entities are unrelated? Do the types of plans matter? Senate Committee Holds Confirmation Hearing for Acting Secretary of Labor Su SECURE 2.0 implementation and missing participants were among the topics discussed. 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 300, Rockville, MD 20850