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February 28th, 2023 Information & Insights for the 403(b) Community Federal Judge Strikes Down DOL Rollover Advice Guidance A U.S. District Court ruled against Department of Labor interpretation that made rollover recommendations count as fiduciary advice. Church-Exemption Ruling Could Have Wide Implications A federal district court judge has widened the exemption to include an N.J. hospital in a lawsuit remanded back to the district court level by the Supreme Court. Ask the Experts How Does the SECURE 2.0 Act Affect Qualified Distributions? I heard that the SECURE 2.0 Act modified Qualified Birth or Adoption Distributions, or QBADs. I had a child in 2022. Can I still take advantage of the QBAD provision in my 403(b) plan or IRA (I have both)? SECURE 2.0 Webinar Series: The Law Passed. Now What? Optional provisions could spur benefits arms race among employers. Retirement Accounts Up Despite Inflation, Volatility Fidelity data shows that 74% of workers globally cite cost of living and inflation as sources of stress. 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 300, Rockville, MD 20850