Higher Education Plan Sponsors Ramp Up IPS UsageTransamerica has published an updated annual survey of higher education plan sponsors, finding many are beginning to adopt the retirement plan features shown to be popular in the corporate sector. In addition to a marked increase in the adoption of automatic enrollment and automatic deferral rate increases for participants, more than three-fourths of higher education plan sponsors have implemented an investment policy statement, compared to 60% in 2015.Read more > |
Participants’ Multiple Accounts Makes Measuring Success a ChallengePlan sponsors should be aware that many participants have assets invested with providers that do not serve their current plan, which has implications for measuring readiness.Read more > |
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Leased Employees“Does 414(n) apply to a 403(b)? I know a 403(b) plan can only cover common law employees, however after the statutory one year and other leased requirements, the leased employee is treated as a common law under qualified plan rules?”Read more > |
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