Public pension plans
will begin asking their service providers to commit to a new set of ethical
guidelines designed to protect the interests of plan participants and
beneficiaries, the National Conference on Public Employee Retirement Systems
(NCPERS) announced.Read more >
A report by the
National Conference on Public Employee Retirement Systems (NCPERS) says data at
the national level showed that a trend of converting defined benefit (DB) plans
into defined contribution (DC) plans exacerbated income inequality in the U.S.Read more >
Some financial
professionals suggest individuals set up different ‘buckets’ for retirement
income, and defined contribution (DC) retirement plan sponsors can help them do
so.Read more >
Fidelity is taking issue with a recent Internal
Revenue Service (IRS) reminder to retirement plan sponsors about their duties
to track participant loans and hardship withdrawals.Read more >
The Internal Revenue Service (IRS) Employee Plans Compliance Unit conducted a project related to 403(b) plan sponsorship eligibility for organizations that lost their 501(c)(3) exempt status due to the automatic revocation for not filing a required return for three consecutive years. Some entities were unaware that their 501(c) status affected their eligibility to sponsor a 403(b) plan.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
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