(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
February 10th, 2015

Workers Should Be Saving More Than Their Parents

The Center for American Progress contends millions of Americans are in danger of not having enough money to maintain their standard of living in retirement, and the problem is getting worse over time.Read more >

PLANSPONSOR Service Star Awards

Today, PLANSPONSOR is pleased to announce the inaugural winners of its new Service Star award program, recognizing individual retirement plan account reps and relationship managers who have, based on descriptions provided by plan sponsor clients, demonstrated exemplary service over the past year.Read more >

New Fund Series Helps Sponsors with TDF Selection

Greenspring Wealth Management has launched the Target Date (k)larity fund series, aimed at supporting the fiduciary needs of retirement plan sponsors and participants.Read more >

Holistic Attack on Retirement Problem

Dave Ramsey’s SmartDollar program for plan sponsors and advisers takes a holistic approach to retirement education, focusing on behavior and teaching people the basics.Read more >

Ask the Experts – Forcing RMDs

“There are several individuals who are no longer working for us, are over age 70 ½, and have never taken their required minimum distributions (RMDs). Despite the best efforts of the vendor and our staff to facilitate RMDs for these individuals, they have been unresponsive, failing to inform us if they are satisfying the distribution requirement via another 403(b) account or to request a distribution. Note that these are NOT lost or deceased participants—my theory is that they simply do not wish to bother with the paperwork and do not realize the potentially severe tax consequences of their actions. Can we amend the plan to force minimum distributions to individuals who fail to respond?”Read more >
Groom Law Group and Cammack Retirement Group will field your questions concerning 403(b) plans and regulations. Email rebecca.moore@strategic-i.com with Subject Ask the Experts

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: advertise@strategic-i.com

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