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PLANSPONSOR BLINESs LOGO May 19th, 2020
Information & Insights for the 403(b) Community
Past Performance of DC Plan Participants Is Not Indicative of Future Results
Past Performance of DC Plan Participants Is Not Indicative of Future Results
Important differences suggest that a look at DC plan participant actions during the Great Recession may not offer insight into what they’ll do during this crisis.
COVID-19 Compliance Corner: New Loan Provisions Under the CARES Act
Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19 pandemic that affect retirement plan sponsors.
Ask the Experts
Does e-Disclosure Rule Allow for Postcard Notification of Links?
“The Experts previously stated that the use of a letter/postcard with a website link to an SPD or other ERISA-required disclosure would fall outside of the DOL’s safe harbor for electronic disclosure. Does the DOL’s issuance of a proposed rule regarding electronic disclosures change that response in any way?”
Keeping Retiree Assets in DC Plans Benefits Sponsors and Participants
The benefits of keeping assets in the plan should be communicated to retirees, and plan sponsors should adjust design to accommodate income strategies.
Gen Z Outpacing Other Age Groups in Saving
Steered by the Great Recession and now COVID-19, the youngest working generation is driven to be financially aware and well.
Employers Are Beefing Up Financial Wellness Programs
The coronavirus pandemic has exposed workers’ need for financial coaching and for employers to offer resources.
New Mexico Passes State-Run Retirement Program Legislation
The legislation provides for a state-run auto-IRA program as well as a marketplace from which employers can choose low-cost retirement savings plans.
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