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September 17th, 2024 Information & Insights for the 403(b) Community IRS Private Letter Ruling Allows Employer to Increase Plan Design Flexibility Under the ruling, participants are able to elect where they would like the employer’s nonelective contributions to be allocated, including to their HSA or student loan payments. Managing Stress in HR As director total rewards at the Alaska Native Tribal Health Consortium in Anchorage, Alaska, Rachel Huber Christman wears multiple hats. Ask the Experts Can Self-Certification be Used for Unforeseeable Emergency Distributions? Q: I understand that self-certification is permitted for hardship distributions in 403(b) and 401(k) plans, but is it permissible for unforeseeable emergency distributions in a 457(b) plan as well? IRS Reminds Plan Sponsors of Plan Amendment Deadlines The IRS ‘grab bag’ notice provides several extended deadlines for both required and discretionary retirement plan amendments. Deadline Extended for Participating in the 2024 PLANSPONSOR DC Survey  Plan sponsors have until November 8 to complete the survey that can help them learn how their retirement plan stacks up against others in the same industry. Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 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