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July 28th, 2020 Information & Insights for the 403(b) Community Debt Busters How employers can help their workers repay their college loans. Different Views About Retirement Plans Shaped COVID-19 Responses Globally The U.S. can learn from other countries about instilling the mindset of preserving retirement savings and creating different pools of assets to be dipped into in case of emergency. Ask the Experts Providing Employer Contributions to Some Employees and Not Others “Can 403(b) and 457(b) plans of public entities provide employer contributions to some employees and not to others?” Plan Sponsors Should Focus on Life Events Rather Than Generations in Communications Employees in a survey from Empower Retirement say they believe their views are created by personal experiences and characteristics, not by their age group. Bill Would Allow COVID-19 Catch-Up Contributions The proposal would allow catch-up contributions in 2021 and 2022 equal to the difference between an individual’s actual contributions and current federal limits on these accounts. Sutter Health Facing 403(b) Excessive Fee Suit The allegations mirror those of other recently filed cases against both 401(k) and 403(b) plans. Tech and Client Services Head Joins ICMA-RC ICMA-RC has announced that Lynne Smith will serve as the organization’s new senior vice president, chief client experience and technology officer. Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox!

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