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Products December 5, 2008
SPARK Updates 403(b) Info Sharing Best Practices for Roth Values
December 5, 2008 (PLANSPONSOR.com) - The SPARK
Institute has released "Best Practices for 403(b) Plans
Information Sharing -- Minimum and Comprehensive Data
Elements Version 1.03."
Reported by Rebecca Moore
SPARK General Counsel Larry Goldbrum noted in a press release that some of the updates relate to the labeling of Rollover Roth Cash Values and Roth 403(b) Cash Values for information sharing purposes.
In addition, the Institute has updated the Q&A on its Web site and added revised, conforming changes to examples that illustrate the methodology under the Best Practices for reporting loan amount available data.
All information can be found at www.sparkinstitute.org/comments-and-materials.php .