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September 11th, 2020 Information & Insights for the 403(b) Community Options to Help Participants Avoid Tapping Into Retirement Savings Plan sponsors can share with participants other options to consider before taking a DC plan loan or withdrawal. Early Retirement Increasingly the Goal for Younger Generations This may be wishful thinking for some, but there are ways to help them achieve their target retirement age. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” Empower Acquires MassMutual Retirement Plan Business The firms say that with the acquisition, retirement plan participants will gain the outcome-oriented client focus and deep retirement expertise of both firms while benefiting from a state-of-the-art technology platform. MassMutual Points to Scale as Reason for Empower Deal The recordkeeper also notes that fee compression is largely driving the ongoing industry consolidation. IRS Clarifies SECURE Act Birth and Adoption Distribution Rules Qualified birth or adoption distributions have been permissible since January under the SECURE Act, but more specific guidance on how they should be treated has only just been published by the IRS. TV Viewership Reaches New Heights in Q2 2020 There was an increase of over 200 million hours compared to the same time last year. 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