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August 17th, 2021 Information & Insights for the 403(b) Community Engaging K-12 Employees With Retirement Saving in a Changed Environment A mix of virtual and in-person education and planning, along with digital tools, is helping meet the needs of K-12 retirement plan sponsors and participants in a hybrid world. Plan Progress Webinar: Benchmarking Your Recordkeeper Join PLANSPONSOR August 19 for a webinar in which industry sources will discuss what plan and participant needs to take into consideration when benchmarking recordkeepers; the differences between a request for information (RFI) and a request for proposals (RFP) and when plan sponsors need to issue one; and where to find information to help plan sponsors benchmark their recordkeeper. Ask the Experts Allowing Roth Conversions for All Vested Amounts “I noticed that our ERISA 403(b) plan allows for Roth conversions, but only for employees who are otherwise eligible for a distribution. Is there any reason that we would not wish to extend the Roth conversion option to all employees?” DOL Urges Recoupment of Uncashed Checks From Prior Recordkeepers Attorneys from Morgan Lewis suggest plan sponsors proactively reach out to prior providers to find out if there are any undelivered assets. Parents in Great Need of Education and Help for Student Loans Employees are underestimating the amount of student loan debt they will have to carry and worry about its effect on achieving future financial goals. 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