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July 26th, 2016 |
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ASK THE EXPERTS
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| Among employers that offer both a defined contribution (DC) and a defined benefit (DB) plan, 39% view their employees’ retirement readiness as a current business risk, and 44% project that it will be a risk within two years.Read more > |
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Bill Aims to Make Social Security SustainableCongressman Reid Ribble (R-Wisconsin) has introduced the Save Our Social Security Act in order to make Social Security solvent for another 75 years. The legislation proposes to close the collection/spending gap through progressive revenue, progressive benefit changes, and increasing the retirement age.Read more > | Chief Investment Strategist for TIAA Investments AppointedTIAA Global Asset Management appointed Brian Nick as chief investment strategist for TIAA Investments. Based in New York, Nick will work closely with the investment management team to analyze market data, identify trends and provide insights on events driving market activity.Read more > | Prudential Names Head of Full Service SolutionsPrudential Retirement, a business of Prudential Financial, Inc, has named Jamie Kalamarides head of its newly created Full Service Solutions business, which delivers retirement plan solutions for public, private and non-profit organizations.Read more > | Can Governmental 403(b)s Elect to Be ERISA Plans?A governmental 403(b) plan sponsor attending the non-ERISA 403(b) Update panel at the 2016 PLANSPONSOR National Conference asked a question. “I realize that governmental plan sponsors are exempt from Employee Retirement Income Security Act (ERISA) coverage. But can governmental plan sponsors voluntarily elect to be covered under ERISA?”Read more > | | David Levine and David Powell, with Groom Law Group, and Michael A. Webb, vice president, Retirement Plan Services, Cammack Retirement Group, will field your questions concerning 403(b) plans and regulations. Send them to rmoore@assetinternational.com with Subject: Ask the Experts. Answers may be printed in future (b)lines. This feature is to provide general information only, does not constitute legal advice, and cannot be used or substituted for legal or tax advice. |
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