Optimizing Retirement Plan Committee DecisionsWhen it comes to evaluating their plan committee’s effectiveness, Employee Retirement Income Security Act (ERISA) plan sponsors need to form their own decisions about best practices.Read more > |
DOL Extends Fiduciary Rule Comment PeriodThe comment period for the fiduciary investment
advice proposal is being stretched out for another 15 days, the Department of
Labor (DOL) said in a statement.Read more > |
SageView Adds Consultant in the NortheastSageView Advisory Group has hired Kerrie Casey,
who has 19 years of experience delivering retirement plan consulting services
to corporate and not-for-profit plan sponsors.Read more > |
DCIIA Paper Outlines Plan Success FactorsThe Defined Contribution Institutional
Investment Association (DCIIA) has developed a best practices framework to
outline actions that defined contribution (DC) plan sponsors and fiduciaries
can take to build plans that have the greatest potential to help participants
achieve retirement readiness.Read more > |
ICMA-RC Provides Advice Services to RetireesICMA-RC, a retirement plan provider for
public-sector employees, is expanding its Guided Pathways advisory program to
retirees.Read more > |
Difference Between 403(b) and 401(k) Vendor Contracts“I
am a benefits manager who recently became employed at a large nonprofit after
having been in the corporate world. One of my first responsibilities was to
review our existing vendor contracts. Much to my surprise when it came time to
review our Employee Retirement Income Security Act (ERISA) 403(b) plan, our
vendor indicated that such contracts didn’t exist! They indicated that they
have contracts with the plan participants, but not the employer. Could this be
possible? For my prior employer’s 401(k) plan, we had a trust agreement,
recordkeeping agreement, and service agreement. It strikes me as odd that a
403(b) plan would have none of those things. Am I being unreasonable in my
expectations?”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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