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A recent report by the U.S. Government Accountability Office found that while 81,000 new employer-sponsored retirement plans were formed during the 3-year period between 2009 and 2011, the overall trend was negative due to plan terminations — even with increased tax incentives. In addition, new... READ MORE
State pension plans face continuing and growing challenges in fulfilling the promises they have made to their employees — to the tune of a collective $915 billion. The Pew Charitable Trust has issued a new report that serves as a wake-up call to state governments, but it does contain a kernel of... READ MORE
The Office of State and Local Finance, Treasury Department’s newest, is charged with coordinating oversight of state and local financial bond markets, but that’s not all — it also will monitor public pension fund liabilities, Pensions & Investments reports. According to P&I, a Treasury... READ MORE
Available through May 15, 2015 This webcast is complimentary for NTSA members. The recorded webcast will be made available 72 hours after the live presentation. Speakers:  Richard Ford, Chief Marketing Officer, PlanMember Services Jon Hall, Web Marketing & Development Specialist,... READ MORE
According to research by ING, plan participants who use TDFs are more confident about meeting their retirement goals. They also defer more and are less stressed. In an online survey of more than 1,000 plans conducted last September by ING (which will be known as Voya starting in May), 54 percent of... READ MORE
Welcome to the first issue of 403(b) Advisor — the new weekly e-newsletter of the National Tax-deferred Savings Association! As an NTSA member, you’ll receive the 403(b) Advisor each Tuesday. If this sounds familiar, it should. As the next step in creating an all-new information outreach program... READ MORE
Welcome to the first issue of 403(b) Advisor — the new weekly e-newsletter of the National Tax-deferred Savings Association! As an NTSA member, you’ll receive the 403(b) Advisor each Tuesday. If this sounds familiar, it should. As the next step in creating an all-new information outreach program... READ MORE
Have you ever encountered a Code Section 501(c)(18) pension trust? Did you wonder what it is? And what about the assets in such a trust — can they be rolled over? Turns out these are pre-403(b) plans in which an employee could set aside money for retirement before it is taxed. In Tech Talk, Ellie... READ MORE
It’s now easier for plan sponsors and employers to participate in the 403(b) pre-approved plan program. April 14 was the effective date of IRS Revenue Procedure (Rev. Proc.) 2014-28. The new guidance modifies guidance the IRS issued last year, Rev. Proc. 2013-22, to make it easier for a person to... READ MORE
New guidance from the IRS may make the plan-to-plan rollover process a little smoother. Revenue Ruling 2014-9, issued on April 3, is intended to make it easier for plan participants to consolidate their retirement savings accounts by making it easier for them to move assets from one employer plan... READ MORE
The IRS, in Notice 2014-19 and related FAQs, says clearly that retirement plans — including 403(b) plans — have to recognize same-gender spouses and spells out how. The notice and FAQs, which the IRS issued April 4, are a follow-up on Revenue Ruling (Rev. Rul.) 2013-17, which provided general... READ MORE
It will be easier for plan sponsors and employers to participate in the 403(b) pre-approved plan program beginning April 14. That’s the effective date IRS Revenue Procedure (Rev. Proc.) 2014-28. The new guidance modifies guidance the IRS issued last year, Rev. Proc. 2013-22, to make it easier for a... READ MORE
The news about public-sector pension plans has not been good, and a reputable crystal ball does not see improvement in sight. The “Pension Pulse” blog reports that Berkshire Hathaway Chief Executive Warren Buffett has warned in a letter to Berkshire shareholders that promises local and state... READ MORE
For qualified plans, the plan termination regimen is well-established via an IRS determination letter process. But that cannot be said about terminations of 403(b) plans. Only recently have the final 403(b) regulations and IRS guidance clearly established that a 403(b) plan could be terminated at... READ MORE
Some rays of sun appear to be dispelling the gloom that has long engulfed employees’ confidence in their ability to fund a comfortable retirement. The Employee Benefit Research Institute in its 2014 Retirement Confidence Survey (RCS) reports that more than half of employees are at least somewhat... READ MORE
Sponsors of 403(b) plans are more apt to offer a broad range of services and options, according to a study of defined contribution (DC) plans The 2013 Plansponsor Defined Contribution Survey found that 403(b) plan sponsors in many ways are more generous than their other DC plan counterparts. The... READ MORE
  In remarks at a recent conference on income inequality, Sen. Ron Wyden (D-Ore.), the incoming Chairman of the Senate Finance Committee, may have tipped his hand on how he will treat employer-provided retirement plans, advocating the simplification and consolidation of “the array” of current... READ MORE
NTSA Plan Optimization Test READ MORE
Register HERE to view the recorded webcast!  Available through March 12, 2015 A discussion of how important it is for advisors and plan sponsors to manage the loan and distribution processes, or face the legal or practical consequences. Attendee Takeaways:   Gain a comprehensive... READ MORE

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