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August 27th, 2024 Information & Insights for the 403(b) Community Research Examines Why State Auto-IRA Policies May Drive Private-Plan Creation Private employers are often opting to start their own retirement plans, rather than utilize a state-run plan, in states with retirement mandates. Voya Financial Surpasses $100B in Multiple Employer Solutions Assets The firm saw a 15% increase in total assets, compared with the same period in 2023. Ask the Experts How Should a 457(b) Plan Determine Normal Retirement Age? Q: I read an Ask the Experts column that implied that the plan sets the normal retirement age in a 457(b) plan on which the special three-year catch-up election is based. However, our 457(b) plan document seems to indicate that each of our plan participants actually designate their normal retirement ages. Is that possible? Industry Groups Urge Congress to Finalize SECURE 2.0 Technical Corrections Eight major organizations highlighted the need to clarify provisions related to automatic enrollment in PEPs, distributions for terminally ill participants, student loan matching and more. Financial Wellness Webinar Register to attend the PLANSPONSOR editorial webinar on September 19. Tune in to hear from plan sponsors, advisers and policy experts on how best to define and measure the financial wellness of participants and drive financial confidence. Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 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