(b)lines Ask the Experts – We Want Our 403(b) Back
January 19, 2010 (PLANSPONSOR (b)lines) – A tax-exempt organization terminated its deferral-only 403(b) plan in 2008 and started a new deferral-only 401(k) plan on January 1, 2009.
Ask the Experts
(b)lines Ask the Experts – Are Trusts Required for 403(b)s?
January 12, 2010 (PLANSPONSOR (b)lines) – A plan adviser asks: “Aren’t trusts required for 403(b) plans as they are for other qualified plans, and is the answer different...
(b)lines Ask the Experts – Replacing a 403(b) with a 401(k)
A plan adviser asks what are the rules, pros and cons of starting up a new 401(k) and freezing 403(b) and 457(b) plans.
(b)lines Ask the Experts – Church 457(b) Plans
December 22, 2009 (PLANSPONSOR (b)lines) – A plan provider notes: "If a nonelecting church, non-ERISA 414(e) organization sponsors an eligible 457(b) plan, it appears that this plan can...
(b)lines Ask the Experts – Plan to Plan Transfers for non-Terminated Employees
December 15, 2009 (PLANSPONSOR (b)lines) – A plan provider says: "There is some confusion as to how plan to plan transfers under final 457(b) and 403(b) regs apply...
Ask the Experts – Asset Movement from Deselected 403(b) Vendors
December 8, 2009 (PLANSPONSOR (b)lines) – A plan sponsor discontinued contributions to a legacy vendor in October 2009 after contributions had been made to the vendor in the...
(b)lines Ask the Experts – Church Plans: Foreign Missionaries
December 1, 2009 (PLANSPONSOR (b)lines) – A plan provider is running into issues with church plans that have "foreign missionaries."
(b)lines Ask the Experts – Deselecting Vendors after 1/1/09
November 24, 2009 (PLANSPONSOR (b)lines) – A third party administrator has clients working to restate their 403(b) plans by December 31, 2009.
(b)lines Ask the Experts – Failure to Timely Remit Employee Deferrals
November 17, 2009 (PLANSPONSOR (b)lines) – An employer failed to remit employee deferrals for over three months in violation of the terms of its plan document that requires...
(b)lines Ask the Experts – Correcting 457 Plan Excess Deferral not Returned
October 27, 2009 (PLANSPONSOR (b)lines) - A plan provider asks, "What correction procedures can be implemented for an excess deferral from a prior year in a governmental 457(b)...
(b)lines Ask the Experts – Coordinating Loans with Other Plans
October 20, 2009 (PLANSPONSOR (b)lines) - A sponsor of an ERISA 403(b) plan and a 401(k) plan, both of which permit loans, but limits participants to one loan...
(b)lines Ask the Experts – Distributions for Retired Public Safety Officers
September 22, 2009 (PLANSPONSOR (b)lines) - Under Code section 402(l), a governmental 403(b) plan may directly pay up to $3,000 per year for health or long-term care insurance...
(b)lines Ask the Experts – Single Vendor Intentions Gone Wrong
July 14, 2009 (PLANSPONSOR (b)lines) - Prior to 2009, an organization which serves as an umbrella organization for a group of 403(b)-eligible entities provided a multi-vendor 403(b) plan...
(b)lines Ask the Experts – Differences for Church Plans
July 7, 2009 (PLANSPONSOR (b)lines) - A plan adviser asks: "What differences are there for church 403(b) plans as contrasted with other types of 403(b) plans?"