AIG Confirms Investigation of 403(b) Annuity Sales Practices
It has been reported that the SEC is investigating sales and disclosure practices at VALIC, a unit of AIG, including...
Tag: 403(b) plans
Court Recommendation Highlights Difficulty in Consolidating 403(b) Providers
Although a judge said annuity relationships may be “akin to a hostage-type situation,” he still recommended the suit against Columbia...
School Board Broke Contract When It Suspended 403(b) Contributions
Georgia’s Supreme Court found a contract that required the Board to provide a two-year notice before changing plan funding was...
Law Firm Confirms SEC Examination of 403(b) Plan Investment Practices
A client alert says the SEC has sent letters to companies that administer 403(b) and 457 retirement plans asking for...
Allina Health System Reaches Agreement in Lawsuit Regarding Plans’ Investments
The original complaint said a provider was allowed to add any mutual fund it wished, “regardless of whether the funds...
Opinions |
IRS Guidance on Initial and Recurring 403(b) Remedial Amendment Periods
Attorneys with Groom Law Group provide an extensive explanation of the IRS’ new guidance on 403(b) plan remedial amendment periods.
New York Investigating Sales of Annuities to 403(b)s
With New York being an influencer, some say it will prompt other states to do the same.
IRS Establishing Recurring Remedial Amendment Periods for 403(b) Plans
Revenue Procedure 2019-39 also provides a limited extension of the initial remedial amendment period for certain form defects.
ICMA-RC Fighting for CIT Availability for 403(b)s
Sponsors of 403(b) plans are not able to use low-cost collective investment trusts in their plans as are their 401(k)...
(b)lines Ask the Experts – Can a 401(a) Plan Account be Rolled Into a 403(b) Plan?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
(b)lines Ask the Experts – What Is a 403(b) Plan?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
(b)lines Ask the Experts – What Plan Types Count for Elective Deferral Limits?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
403(b) Plan Sponsors Have Taken Steps to Prepare for Market Volatility
An analysis from the 2019 BlackRock DC Pulse survey compares investment preferences of 403(b) and 401(k) plan sponsors and also...
(b)lines Ask the Experts – What Types of Contributions Can Be Characterized as Roths?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
(b)lines Ask the Experts – Why Are Annuities So Prevalent in 403(b)s?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
(b)lines Ask the Experts – Impact of SEC’s Regulation Best Interest
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
(b)lines Ask the Experts – Including Rollover Balances for Auto Cashouts
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
(b)lines Ask the Experts – Proper Delivery Method for SPDs
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
(b)lines Ask the Experts – Raising the Loan Limit Above $1,000
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
(b)lines Ask the Experts – Must a Nonelecting Church Plan Require Spousal Consent?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.