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October 25th, 2019 Information & Insights for the 403(b) Community Mechanics of Implementing a Sidecar Savings Account Keeping retirement plan contributions rolling in while also allowing employees to save for emergencies. School Board Broke Contract When It Suspended 403(b) Contributions Georgia’s Supreme Court found a contract that required the Board to provide a two-year notice before changing plan funding was not voided by subsequent plan restatements. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” DOL Proposes Rule to Permit Online Plan Disclosures The new rule would offer a safe harbor for sponsors that want to make retirement plan disclosures available on websites. Putting a Price Tag on Workplace Financial Stress According to John Hancock’s research, debt is one of the most significant indicators for financial stress, and most people are dealing with some kind of debt. Principal Makes Retirement Plan Onboarding Platform Relevant to Hispanics Principal has found that when Hispanic workers start to participate in a company plan, they tend to embrace the concept of savings. Actuary Groups Update Longevity Calculator A better understanding of longevity can help employees plan for investment strategies in retirement and health care expenses, among other things. Outside Sources Can Aid Plan Sponsors’ Financial Education Efforts Entities other than retirement plan providers and advisers have recently announced initiatives. 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