403(b) plans Archives | Page 19 of 24

Benefits | December 26th, 2018

403(b) Plan Sponsors Offer Education About a Variety of Financial Wellness Topics

The 2018 PLANSPONSOR Defined Contribution Survey also found 403(b) plan sponsors, to a higher degree than respondents overall, offer college...

Ask the Experts | December 18th, 2018

(b)lines Ask the Experts – What Is a Retirement Income Account?

Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.

Administration | December 17th, 2018

Yale Changes 403(b) Plan Investment Options

A university spokesperson told Yale News that the changes to the retirement plan were not in response to ongoing litigation.

Administration | December 12th, 2018

Financial Professionals Improve Retirement Results for K-12 Educators

The median account balance for K-12 educators surveyed who work with a financial professional is $40,000 versus $21,000 for those...

Ask the Experts | December 11th, 2018

(b)lines Ask the Experts – Requiring Participants to Take Loans Prior to Hardships

“I understand that under the new proposed hardship regulations a participant will no longer be required to take all available...

Data and Research | December 7th, 2018

403(b) Core Menus Offer Variety of Investments

On average, they offer 27 core investment options, according to ICI and BrightScope

Compliance | December 6th, 2018

IRS Provides Do-Over for 403(b) Plans Not Following Once-In-Always-In Condition

Industry comment letters argued that many 403(b) plan sponsors were unaware of the rule that once a part-time employee is...

Compliance | December 5th, 2018

Duke University 403(b) Plan Lawsuits Reportedly Settled

The docket reports for two lawsuits filed against the university say counsel for the plaintiffs and counsel for the university...

Ask the Experts | December 4th, 2018

(b)lines Ask the Experts – Defining ‘Severance From Employment’ for 403(b) Plan Distributions

“Certain distributions from our retirement program may only be made in the event of ‘severance from employment.’

Administration | November 27th, 2018

K-12 403(b) Recordkeeping Requires a Number of Players

K-12 public school 403(b) plans haven’t changed as much as plans in other 403(b) market segments—mostly keeping the multiple-provider model—so...

Ask the Experts | November 27th, 2018

(b)lines Ask the Experts – New Hardship Rules Regarding Earnings on 403(b) Elective Deferrals

“Don't know if the Experts remember me, but I was the one who posed the question back in March about...

Compliance | November 26th, 2018

403(b) Plan Participants Voluntarily Dismiss Lawsuit Against Custodian

The lawsuit accused Matrix Trust Company of violating its fiduciary duties by making unauthorized transfers of participants’ accounts to a...

Ask the Experts | November 20th, 2018

(b)lines Ask the Experts – 403(b) Treatment of Payment to Employee After Retirement

“I work with a plan sponsor at a private high school.

Administration | November 13th, 2018

Study Finds Link Between Lower Participation and Fewer Choices in K-12 403(b) Plans

Research published by NTSA also finds a 203% increase in average contribution rates among plans providing access to 15 or...

Ask the Experts | November 13th, 2018

(b)lines Ask the Experts – Suspending Mandatory 403(b) Contributions After a Hardship Withdrawal

“Our plan is a 403(b) plan that has elective deferrals AND a mandatory employee contribution that is a condition of...

Compliance | November 12th, 2018

IRS Proposes Amendments to Hardship Withdrawal Regulations

If the proposed rules are finalized, there would be no more suspension of deferrals after a hardship withdrawal or requirement...

Ask the Experts | November 6th, 2018

(b)lines Ask the Experts –Limits When Contributing to Both For-Profit and Nonprofit Retirement Plans

“What are the combined limits for someone whose employer has both a nonprofit and affiliated for-profit organization, where the individual...

Data and Research | November 5th, 2018

Years of Positive Retirement Savings Behaviors Lead to Record Balances

The average 401(k) balance reached an all-time high of $106,500 in the third quarter, and the average 403(b) balance is...

Ask the Experts | October 30th, 2018

(b)lines Ask the Experts – Turning Salary Into Employer Contributions When Limits Are Met

“One of our employees, who consistently defers the maximum to both our 403(b) retirement plan and 457(b) deferred compensation plans,...

Compliance | October 15th, 2018

Health Care Provider Accused of Excessive Fees in 403(b) and 401(k) Plans

A lawsuit alleges that the defendants failed to take advantage of the plans' bargaining power by only offering actively managed...

Tag: 403(b) plans