‘Meet’ Our Plan Sponsor of the Year FinalistsRead the profiles of
our 2015 Plan Sponsor of the Year award finalists.Read more > |
Typical Households Have Little Retirement SavingsAmong all working
households—not just households with retirement accounts—the median retirement
account balance is $2,500, according to an analysis by the National Institute
on Retirement Security (NIRS).Read more > |
Is 65 Too Young to Retire?Fred Reish is chair of
the Financial Services ERISA team at the law firm of Drinker, Biddle &
Reath LLP, discusses how to help all employees be in a position to retire when
they want to.Read more > |
MassMutual Bulks Up Relationship Manager NetworkSix relationship managers have been added to
MassMutual’s network in New England, New York, the West, Southwest and
mid-Atlantic region.Read more > |
Ask the Experts – Notification of Funds on ‘Watch’ Status“As
part of the quarterly due diligence process for our ERISA 403(b) plan, the
committee, from time to time, places investment options on ‘watch’ status, per
the provisions of its investment policy statement. Watch status does not
necessarily mean that the investment option will be replaced in the future, but
simply that the fund will be subject to additional scrutiny at future due
diligence meetings and could possibly be replaced in the future. Alternatively,
the fund could be removed from watch status in the future, with no replacement
made. Of course, we are aware of the participant notification requirements when
a fund is scheduled to be replaced, but must we notify participants when a fund
is placed on watch? If the answer to this question is no, is it best practice
to notify participants of watch status anyway?”Read more > |
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ASK THE EXPERTS
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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
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