(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
July 31st, 2015

Match Contributions Play Big Role in Boosting Savings

Retirement plan sponsors need to fully understand the power of making a match contribution and how it can boost participants’ engagement in the plan, says Hearts & Wallets.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

A Plan Sponsor Hires a 3(38) Investment Manager

A small Employee Retirement Income Security Act (ERISA) plan sponsor finds a 3(38) investment manager saves him money and time, improves his fiduciary processes and improves participant outcomes.Read more >

Ineligible Dependents Drive Up Health Benefits Costs

Up to 8% of the dependents enrolled in a governmental employer’s medical plan are actually ineligible to receive benefits, study finds.Read more >

The Social Security System Can Be Fixed

Although it is projected to become insolvent in 2034, researchers say a small payroll tax increase could save the Social Security system.Read more >

Mich. High Court Approves Forced Pension Contributions

The Michigan Supreme Court overturned a lower court ruling that said forcing state workers to put 4% of pay into the pension or move to a DC plan was unconstitutional.Read more >

Voya Enhances Website and Enrollment Experience

The myOrangeMoney participant website has been enhanced with retirement savings planning features that address Social Security and health care costs.Read more >

Work Is Taking Over Our Lives

Twenty percent of employees surveyed say work is the last thing they think about before they go to bed, and 42% say it’s the first thing they think about when they wake up.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 will 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.

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

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