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August 27th, 2021 Information & Insights for the 403(b) Community 2021 PLANSPONSOR 403(b) Market Survey 403(b) plans are in many ways the same as traditional corporate 401(k) plans, but they also have many unique challenges. The PLANSPONSOR 403(b) Market Survey covers the providers who service this market, what they focus on in terms of market segment, and the services they provide to 403(b) plan sponsors. Essentials to Limit Loans and Hardship Withdrawals Plan sponsors should educate their employees about distributions, and they can help their workers set up emergency savings accounts to avoid tapping into retirement funds. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” Developing a Prudent Process for Cybersecurity Principals with Groom Law Group discuss steps retirement plan sponsors can take to avoid or be prepared for a DOL cybersecurity audit. DB Plans and Social Security Are Wealth Equalizers A study finds the programs are substantial resources for Black and Hispanic families and adding them into wealth considerations lowers the racial wealth gap, which researchers say shows the importance of maintaining their fiscal health. 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