Organizations that fail to file annual Form 990 returns for three consecutive years will see their federal tax exemptions automatically revoked, which will have an effect on offering 403(b) retirement plans.Read more >
Student debt management is a complex and delicate issue that has a significant impact on employees’ broad financial wellness—but providing support can be straightforward from the plan sponsor perspective.Read more >
ASK THE EXPERTS
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
Because individuals’ financial needs in retirement can vary over time and from one person to another, it is crucially important that a defined contribution (DC) plan offer an array of retirement income and distribution options, according to the latest research from the Defined Contribution Institutional Investment Association (DCIIA).Read more >
According to a Northwestern Mutual survey, among the more than half of Americans expecting to work past the traditional retirement age by necessity, the main reasons were inadequate savings and a lack of confidence in Social Security’s ability to take care of their needs. Other concerns cited touched on rising healthcare costs or caring for loved ones.Read more >
A report suggests, “The need to maintain a sufficient allocation to stocks can be reconciled with the reticence to do so of the risk averse investor by moving a portion of the retirement portfolio into structured annuities and/or annuities with guaranteed lifetime income or withdrawal features.”Read more >
“A primary driver of the improvement in the funding ratio was the increase in global equity values for the 12-month period ending June 30, 2017,” notes Ned McGuire, managing director and a member of the Pension Risk Solutions Group of Wilshire Consulting.Read more >
Reports from the Society of Actuaries (SOA) reveal the funded status for pension plans of professional athletes, and found the National Hockey League (NHL) is doing better than the National Football League (NFL) and the National Basketball Association (NBA).Read more >
