(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
January 20th, 2015

Helping Different Generations Get Retirement Ready

How late is too late? At some point, under-saving participants reach an age when starting to aim for retirement readiness—such as that 80% income replacement ratio—is just unrealistic.Read more >

Ideas to Stop Early Withdrawals

The goal of a workplace-based retirement plan is to have plan participants accumulate enough assets for retirement. However, through loans or hardship withdrawal provisions, money can be taken out of the plan before participants reach retirement age.Read more >

Portfolio Maintenance in Volatile Markets

Retirement savers are often presented with a simple message about portfolio allocations: Rebalance regularly. This is not always easy in practice, though, especially when volatile markets create fears that complicate decisionmaking.Read more >

Going from No HCEs to Having HCEs

“I have worked with a small private tax-exempt that, since its inception many years ago, has had no concerns regarding nondiscrimination testing for its 403(b) plan, since it employed zero highly compensated employees (HCEs). However the organization is growing, and, given the most recent raise for the executive director, she is expected to exceed (barely) the HCE compensation threshold for 2015. Is there a transitional period to pass testing? The plan utilizes a non-safe harbor match that would likely fail ACP testing, I suspect that they would be reluctant to change a plan design that they have enjoyed for many years, for financial and other reasons.”Read more >

Industry Voice: Overcoming Benefit Reductions

A Center for Local Government Excellence report about reductions in state pension benefits should motivate employers to help employees participate more fully in their 403(b) and deferred compensation 457(b) plans so they can comfortably retire at normal retirement ages.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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