view in browser | plansponsor.com

November 8th, 2019 Information & Insights for the 403(b) Community 2020 Plan Sponsor of the Year Today is the LAST DAY to nominate a plan sponsor for our annual awards! IRS Announces 2020 Contribution and Benefit Limits The contribution limit for employees who participate in 401(k), 403(b) and most 457 plans is increased from $19,000 to $19,500. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” Court Finds Abuse of Discretion in Eligibility Process for Non-Profit’s SERP Required Board approval before an employee could be eligible to participate in the SERP was not included in the original eligibility provision of the plan. IRS Proposes Update to Mortality Tables Used to Calculate RMDs The life expectancy tables and applicable distribution period tables in the proposed regulations reflect longer life expectancies than the tables in the existing regulations. 2019 ERISA Plan Compliance Calendar If you’re an ERISA plan sponsor, there are quite a few deadlines coming up in December. Fidelity Tool Helps Drive Total Employee Well-Being The Fidelity Total Well-Being solution leads employees to resources in which employers have in invested and offers answers to benefits strategy questions. 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