Compliance | July 24th, 2020 Sutter Health Facing 403(b) Excessive Fee Suit The allegations mirror those of other recently filed cases against both 401(k) and 403(b) plans.
Ask the Experts | July 21st, 2020 Did DOL Guidance Permit Private Equity Investments in 403(b)s and 457(b)s? Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Ask the Experts | June 23rd, 2020 Excluding Employees From the Right to Make 403(b) Elective Deferrals Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Data and Research | June 4th, 2020 K-12 403(b) Plan Participants Hungry for More Retirement Planning Help Participants need more information about how their plan and investments work, a survey reveals.
Investing | June 4th, 2020 The Next Evolution in 403(b) Plans: Investments While 403(b) plans have made great strides, lifting restrictions on the types of investments the plans can offer and considering...
Compliance | June 1st, 2020 Parties in Emory University 403(b) Plan Lawsuit File Settlement Agreement In addition to paying $16.75 million, the settlement agreement calls for a review of investments and a recordkeeping request for...
Compliance | June 1st, 2020 IRS Provides Additional Deadline Relief to Plan Sponsors Deadlines have been moved for single-employer and multiemployer DB plans and 403(b) plans, among others.
Compliance | May 26th, 2020 Cornell University 403(b) Plan Suit Could Face ‘Considerable’ Delay Though claims in the case were pared down last fall, the plaintiffs have requested a jury trial, so a federal...
Compliance | May 14th, 2020 The IRS Will Be Looking at Catch-Up Contributions in 403(b) Plans The agency published an issue snapshot explaining special catch-up contribution rules after issuing a program letter saying such contributions will...
Compliance | May 1st, 2020 University of Miami Faces Lawsuit Over 403(b) Plan Fees The plaintiffs say they seek similar remedies as those in a settlement that was court-approved in a case against Duke...
Data and Research | April 30th, 2020 Personal Savings Rates Actually Jumped in March Many U.S. employees are feeling acute economic pain as a result of the coronavirus pandemic, but the government mandated shutdowns...
Compliance | April 21st, 2020 Parties in Emory University 403(b) Plan Lawsuit Agree to Settle Only one of the spate of lawsuits challenging university 403(b) plans has gone to trial.
Administration | April 15th, 2020 Retirees Returning to the Public Sector Face Limitations The growing need for public-sector employees has retirees willing to return to work, but limitations on public pensions and Social...
Ask the Experts | April 14th, 2020 Does SECURE Act Make It Easier to Terminate a 403(b)? Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Compliance | March 31st, 2020 Supreme Court Denies Review of UPenn ERISA Lawsuit A last ditch effort to point out that another circuit found no evidence of fiduciary misconduct in a similar case...
Ask the Experts | March 31st, 2020 Coronavirus-Related Distributions From 403(b) and Governmental 457(b) Plans Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Compliance | March 30th, 2020 Remedial Amendment Periods for 403(b) Plans and DB Plans Extended Plan sponsors now have until June 30 to update their pre-approved and individually designed 403(b) plan documents.
Compliance | March 26th, 2020 Appellate Court Adds Color to Northwestern University’s ERISA Suit Win Throughout the 7th Circuit’s decision, it contends the plaintiffs put forth their own opinions and preferences rather than evidence of...
March 24th, 2020 Coronavirus News for Plan Sponsors The latest news about market volatility, benefits and business updates, and legislative and regulatory actions.
Ask the Experts | March 24th, 2020 Effective Date for Plan Restatements During the 403(b) Remedial Amendment Period Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.