IRS Releases Updated Form 990-EZ for Tax-Exempts
Tax-exempt entities that do not fill out the form could lose qualified status to sponsor 403(b) plans.
Tag: 403(b)
Agencies File Brief in Support of Church Plans
In a brief filed in the U.S. Supreme Court, several federal agencies argue that their longstanding interpretation of the definition...
Investment Fees Should be a Focus for Not-for-Profit Health Care Organizations
Mercer suggests 10 areas for investment considerations for not-for-profit health care organizations.
(b)lines Ask the Experts – Form 5500 Filings With Change in Plan Year
“Our hospital sponsors a large Employee Retirement Income Security Act (ERISA) 403(b) plan.
IRS Announces Last Day of Remedial Amendment Period for 403(b)s
When the agency established a pre-approved plan program for 403(b)s, it allowed for a remedial amendment period to retroactively correct...
403(b)s No Strangers to In-Plan Income Products
According to the 2016 PLANSPONSOR Defined Contribution (DC) survey, 27.2% of 403(b) plans offer in-plan income products that guarantee monthly...
(b)lines Ask the Experts – Rolling Over from One Plan to Another Within a Controlled Group
“I work for a large health care organization that encompasses several subsidiaries that counsel has determined are part of the...
403(b) Plan Fees Mostly In Line With Other DC Plan Fees
Data from the PLANSPONSOR DC Survey indicates there were only slightly more 403(b) plans with investment expense ratios in the...
(b)lines Ask the Experts – Discovering an Excess Deferral in the Year of the Excess
“I just discovered that our CEO exceeded the Internal Revenue Service (IRS) 402(g) elective deferral limit to our 403(b) plan...
The Case for the Traditional K-12 403(b) Model
Elements of the traditional model for K-12 403(b) plans provide motivation to participate and needed financial help, but there is...
403(b) Plan Sponsors Taking Action to Prepare for Fiduciary Rule
While 59% are making no changes, others are re-evaluating adviser choices, reviewing investment lineups and reviewing plan governance structure.
(b)lines Ask the Experts – Year-End Action Items for 403(b)s
“As 2016 comes to a close, are there any year-end retirement plan action items that warrant special attention?”
(b)lines Ask the Experts – Can Unused Vacation/Sick Time Be Deferred to 457 Plans?
“I have a retiring employee who is eligible to receive a significant cash payout of unused sick/vacation time shortly after...
Supreme Court to Hear Health Care Entities’ ‘Church Plan’ Suits
The question is whether, under ERISA, a church must establish a plan in order for it to be considered a...
403(b) Plan Participant Files Suit Over Voya Stable Value Funds
The suit claims Voya collects hundreds of millions of dollars annually in undisclosed compensation.
(b)lines Ask the Experts – Roth Conversion Without Qualifying for Distribution
“I am a participant in a 403(b) plan.
(b)lines Ask the Experts – 415 Limit When Sponsoring Both a 401(a) and 403(b)
“We are a private tax-exempt hospital that sponsors a 401(a) and a 403(b) plan, both of which are subject to...
(b)lines Ask the Experts – How Would the 415 Annual Additions Limit Be Met?
“I noticed that, though the elective deferral limits for retirement plans did not increase for 2017, the 415 dollar limit...
IRS Answers Questions About 403(b) Universal Availability Rules
IRS agents discussed student exclusions, the less-than-20-hours-per-week exclusion, eligibility for employer contributions and the once-in-always-in rule.
(b)lines Ask the Experts – Eligibility After Move From Union to Non-Union Employee
“We sponsor an Employee Retirement Income Security Act (ERISA) 403(b) plan that excludes collectively bargained employees from the right to...