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May 22nd, 2020 Information & Insights for the 403(b) Community Advancing DC Plan Design Many features are working to help DC plan participants grow their savings, so it’s time to look at investments for the next element of design evolution. Final Electronic Disclosure Rule Published by DOL The leadership at the regulator says this measure will reduce printing, mailing and related plan costs by an estimated $3.2 billion over the next decade. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” New IRS Revenue Procedure Sets 2021 HSA Limits The revenue procedure also sets the deductible limits that define a high-deductible health plan for the year. Heroes Act Now In the Hands of a Skeptical Senate The Heroes Act, passed by a narrow majority in the House, includes union pension partition relief and a waiver for the reinvestment of 2019 and 2020 RMDs. The Time Is Now to Optimize DC Plan Loan Policies With the coronavirus relief bill drawing plan sponsors’ attention to their loan policies, it is a good time to consider changes that can help improve retirement outcomes for participants. There Are Ways for FSA Holders to Make Use of Their Accounts The CARES Act has expanded the number of medical devices and medicines the funds can be used to buy, and telehealth is also an option. Groups Offer Guide to Establish Employer Financial Wellness Program The guide provides employers with the tools, resources and strategies they need to provide the best financial wellness programming for their employees. SAVVI Financial Offers Short-Term Financial Planning Tool Planning Assistant is designed specifically for the COVID-19 crisis and takes into account the latest CARES Act rules and resources available. Like U.S. Corporations, U.S. Nonprofits Remain Shy About ESG Investing Even in very mission-driven organizations, there is enough diversity of opinion to make consensus on how to define environmental and social responsibility quite difficult. American Century Investments Releases Online TDF Tool American Century Investments has created a new online tool to help fiduciaries select target-date fund (TDF) options. Editors' Note Have a great weekend, everyone! (b)lines will be back in your inbox next Friday. Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 400, Rockville, MD 20850