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PLANSPONSOR BLINESs LOGO April 28th, 2020
Information & Insights for the 403(b) Community
COVID-19 May Affect Nondiscrimination Testing
COVID-19 May Affect Nondiscrimination Testing
To avoid failing ADP and ACP testing, industry experts recommend employers utilize mid- or quarter-year projection testing. Doing so can foresee outcomes.
Cure Periods and Other Ways to Prevent Leakage From Coronavirus Relief Bill
Coupling more generous loan programs with robust educational resources is a good place to start.
Ask the Experts
Retirement Plan Considerations When Laying Off Employees
“Our college, like others, has closed due to the COVID-19 pandemic, and we are contemplating laying off a substantial portion of the workforce, at least temporarily. Are there any retirement plan considerations in doing so?”
Considerations for Public Pensions’ Response to COVID-19 Issues
Sources from CalPERS and NYCRS share discussions they’ve had and actions they’ve taken in response to the financial hit of COVID-19.
EBSA Head Rutledge to Depart Role in Late May
Perhaps his most significant contribution was the role Preston Rutledge played in undoing the Obama-era DOL fiduciary rule expansion.
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