(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
March 17th, 2015

‘Meet’ Our Plan Sponsor of the Year Finalists

Read the profiles of our 2015 Plan Sponsor of the Year award finalists.Read more >

Typical Households Have Little Retirement Savings

Among 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 Network

Six 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 >
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

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

Advertising: advertise@strategic-i.com

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