(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
October 27th, 2017

2017 PLANSPONSOR 403(b)/457 Buyer’s Guide

403(b) plans are in many ways the same as traditional corporate 401(k) plans, but they also have many unique challenges. The 403(b) Buyer’s Guide shows the providers who service this market, what they focus on in terms of market segment, and the services they provide to 403(b) plan sponsors.Read more >

Time to Submit Plan Sponsor of the Year Nominations Running Out

The deadline for the 2018 Plan Sponsor of the Year awards nominations is November 6. There are categories for 403(b) plans and for Public DC plans.Read more >

NIRS Encourages Continued Use of Pensions for Teachers

A report from the NIRS argues how defined benefit (DB) plans create more savings and retirement income for teachers than defined contribution (DC) plans.Read more >
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 Ask the Experts

Retirees Discover That Health Care Costs Are Higher Than Expected

LIMRA says that retirees can expect to pay 13% of their income each year in retirement on health care and long-term care expenses.Read more >

African-Americans Want More Financial Education From Their Employers

“Across the board, African-Americans are more likely to say they are unprepared for retirement and feel less financially secure, but [they] are more open to education and financial guidance,” says Evan Taylor, head of MassMutual’s African American Markets. His observations derive from a study by MassMutual that surveyed 492 African-Americans with an annual household income between $35,000 and $150,000. Forty-five percent of African-Americans who bring home $75,000 or more say they feel less than financially secure compared with just 28% of other Americans in the same income category.Read more >

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

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