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July 1st, 2025 Information & Insights for the 403(b) Community Daniel Aronowitz Approved by Senate Committee as EBSA Head Trump’s nominee will now face a full Senate vote to lead the Department of Labor agency tasked with enforcing the Employee Retirement Income Security Act and safeguarding employer-sponsored retirement.  SECURE 2.0 Delivers a Mixed Bag to the 403(b) Arena More than two years after passage of the SECURE 2.0 Act of 2022, advisers are beginning to see the effects of key provisions on their 403(b) clients. Ask the Experts Does the DOL's New Self-Correction Option Require a Participant Notice? Q: I recently read your Ask the Experts article on the new self-correction component, or SCC, of the Department of Labor’s Voluntary Fiduciary Correction Program. Does the SCC require a participant notice? Vanguard: Modern Plan Designs Strengthen Participant Saving According to Vanguard’s latest ‘How America Saves’ report, a record 45% of 401(k) plan participants increased their saving rates in 2024. Meet the 2025 Plan Sponsor of the Year Winners Nonprofit DC <$200M – The Salvation Army Southern Territory NOMINATOR COMMENTS: “Under the leadership of Scott Strobel, pension and retirement plan director, and in collaboration with its recordkeeper, The Salvation Army Southern Territory executed a comprehensive strategy over the last 18 months that included simplifying the retirement plan structure, automating key plan features, increasing matching contributions and ensuring all changes were communicated effectively to employees.” Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2026 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