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PLANSPONSOR BLINESs LOGO September 13th, 2022
Information & Insights for the 403(b) Community
ERISA’s 48th Anniversary Passes Without a Senate Vote on EBSA Head
ERISA’s 48th Anniversary Passes Without a Senate Vote on EBSA Head
Despite push from HELP Committee Chairwoman Patty Murray, Lisa Gomez’s nomination as assistant secretary of labor remains in limbo.
Higher Discount Rates Offset Lower Equity Values in August
Pension funding status improved slightly in August, according to Sweta Vaidya, North American head of Solution Design with Insight Investment.
Ask the Experts
How Do You Determine Catch-Up Contributions in a 457(b) Plan?
“We are a public higher education institution that sponsors a 403(b) and a 457(b) plan. Last year, we hired an employee who is now 63 years of age. He was eligible to make deferrals to both of our plans last year, but only deferred to the 403(b) plan. This year, he wants to max out in both of our plans. We know he can contribute $27,000 to the 403(b), but what about the 457(b) plan? We do have the special three-year catch-up provision in our plan, and our normal retirement age is 65. Would he qualify for that?”
Webinar: What to Expect From a Retirement Plan Adviser
Join PLANSPONSOR and a panel of experts for a webinar on September 22 as they discuss what services advisers offer to retirement plans; how plan sponsors determine the role they want their advisers to play; and questions to ask when searching for a plan adviser. Panelists will also talk about the fiduciary roles advisers can take on for the plan and the relationship between advisers and plan providers.   
DC Survey Now Open
For more than 20 years, PLANSPONSOR’s annual Defined Contribution Survey has provided benchmarking data for nearly 50 industries/business sectors and for 401(k), 403(b), and other DC plans, as well as nonqualified plans. Represent your industry and plan type by participating, and you’ll receive a free benchmarking report.  
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