(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
August 20th, 2019

Recordkeeper Add-Ons

As recordkeepers develop alternative means to generate income, plan committees should be aware of what this means for participants and for their own fiduciary duties. Read more >

Legislator Introduces Another Auto-IRA Bill

As with legislation introduced previously, employers without retirement plans would be required to automatically enroll employees into an IRA at a 3% default deferral rate. Read more >
ASK THE EXPERTS
What Is a Governmental Plan?
“In all my time reading the column, the Experts have defined a church plan, but I don’t recall ever seeing a definition of a governmental plan. What is the definition of a governmental plan?” Read more >

IRS Issues Guidance About Uncashed Retirement Plan Distributions

A Revenue Ruling addresses whether an individual’s failure to cash a distribution check received alters the employer’s obligations with respect to withholdings and reporting under the Internal Revenue Code. Read more >

Empower Retirement Selects Chief Product Officer

Empower Retirement appointed Tina Wilson as senior vice president chief product officer, where she will lead the product strategy and delivery of retirement plan and retail products. Read more >

Editorial: Alison Cooke Mintzer alison.mintzer@issgovernance.com

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