view in browser | plansponsor.com

January 4th, 2022 Information & Insights for the 403(b) Community Increasing DC Plan Default Deferral Rates a Better Driver of Higher Savings New research evaluates whether a higher default savings rate or a higher match has a greater impact on retirement savings outcomes.   Equity in Employee Benefits Suggestions for making health and financial benefits and benefits communications equitable and inclusive. Ask the Experts Additional Deferral Opportunities When 403(b) Isn’t Allowed “We are a county hospital that is NOT dual status (i.e., we are NOT a 501(c)(3) charitable organization) and thus cannot sponsor a 403(b) plan. We sponsor a 401(a) and a 457(b) plan, but our 401(a) does not allow pre-tax deferrals. Some of our physicians have come to us seeking additional deferral opportunities, since they can only defer to the 457(b) plan. Is there anything that our physicians (or any other employee) might be able to do to save more for retirement?” 2022 Plan Sponsor of the Year Award Nominations Are Open Award recipients across all categories will be honored at the PLANSPONSOR Awards for Excellence celebration at the PLANSPONSOR National Conference on June 8, 2022. DC Plan Design Can Be Creatively Used to Get Participants Back on Track Dr. Shlomo Benartzi says the pandemic is a perfect time to use plan design features that tap into behavioral science. DOL Publishes Informational Copies of 2021 Form 5500 Among other notable changes, the Form 5500 instructions have been amended to make clear that a pooled employer plan is a multiple employer plan that files a single Form 5500 Annual Return/Report. Student Loan Repayment Freeze Extended Until May The Department of Education says the extension will allow the Biden administration time to assess the impacts of the Omicron coronavirus variant on student borrowers and provide borrowers with additional time to plan for the resumption of payments. 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