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October 17th, 2023 Information & Insights for the 403(b) Community Workers’ Emergency Savings Shortage Showing in Shaky Retirement Security Fidelity Investments has revealed several best practices for employers to incorporate, bolstering access to emergency savings options and to limit early retirement-fund withdrawals. Provider Due Diligence: Key to Avoiding Catastrophic Cyberattacks The recent MOVEit breach highlighted the need for plan sponsors to carefully vet service providers in order to protect participants’ assets, data and personal information. Ask the Experts How Does a Roth Distribution Into an IRA Affect Subsequent IRA Distributions? Q: I read the recent Ask the Experts column in which you indicated that a Roth 403(b) account could be distributed entirely tax-free once a participant attains age 59 ½ AND owns the Roth account for five years, presuming that the plan allows for such a distribution. If I roll over the Roth distribution to an IRA, does a new five-year clock start on subsequent distributions from the IRA account? And, if I also have pretax money in my 403(b), can I just designate the Roth source for rollover or does the IRS require distribution of the pretax funds as well? 2023 PLANSPONSOR 403(b) Market Survey Exploring the Choices: Options that simplify the running of a non-ERISA 403(b) plan. Navigating ESG Livestream Event What is the current status of ESG investing for asset owners, plan sponsors and plan advisers? Who are the experts and where can investors go for information? What questions should investors ask as part of their due diligence? These questions and more will be discussed at the 2023 Navigating ESG Livestream event on November 8.  Register here.  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 300, Rockville, MD 20850