Advertisement
News Archive
Those who had hoped for some clarity – or perhaps a shift – in the standards involving where, and how, to draw the line between the obligations of corporate officials and ERISA plan fiduciaries – will have to wait a little longer, writes Nevin Adams in MarketBeat.
READ MORE
Tech Talk addresses whether an employee's contract or account to which an employee’s loan repayments are being made need to be included in a plan's annual report.
READ MORE
Millennials grasp the importance of saving for retirement, but that doesn’t necessarily translate to action which applies that understanding, says a recent white paper.
In “Millennials & Retirement 2020,” the Insured Retirement Institute (IRI) lauds Millennials’ appreciation for the need to...
READ MORE
In Part I of the 9th Series of the NTSA WOWcasts, NTSA Past President Randy Aranowitz interviews Jill Snyder, who has served on the NTSA Board of Directors and was a 2014 Elite Advisor and 2010 recipient of the B. Schiller Meritorious Service Award. Snyder provides an overview of her practice and...
READ MORE
AXA Equitable Life on Jan. 14 announced that it will now operate as Equitable, an independent, U.S.-based company. The financial services company has 2.8 million clients in the United States and is a leading 403(b) provider.
Founded in 1859 as The Equitable Life Assurance Society of the United...
READ MORE
It’s been almost five years since the American Retirement Association “launched,” along with new logos for each of our member associations. This week we unveil an updated and refreshed look for those brands.
In 2018, we undertook a review of the American Retirement Association brand, along with...
READ MORE
ERISA imposes a number of responsibilities on the plan administrator relating to the handling of domestic relations orders.
As a plan fiduciary, the administrator is required to discharge these responsibilities prudently and solely in the interest of the plan’s participants and beneficiaries....
READ MORE
Prior to the technical correction measures in the Job Creation and Worker Assistance Act of 2002, it was necessary to count “non-vested” amounts as contributions in the year vested for purposes of the IRC §415(c) limit. Now, the non-vested contributions will be counted as contributions in the year...
READ MORE
One of the hallmarks of NTSA members is that they really care about their clients, as well as their plan participants and their beneficiaries. But they don’t stop there. NTSA members also serve their community. NTSA members give back! And we are giving members an opportunity to let us know what...
READ MORE
In MarketBeat, Ted Godbout discusses a white paper that explores the possibility that while auto-enrollment helps increase plan participation, it also may lead to lower savings rates.
READ MORE
The biggest 403(b) university settlement to date has been approved – but with a cut to the proposed fees for the plaintiffs’ attorneys.
The suit – brought by five employees of Massachusetts Institute of Technology (MIT) and participants in the MIT Supplemental 401(k) Plan – was filed back in...
READ MORE
Tech Talk addresses how 403(b) plan assets can be invested.
READ MORE
Amid ever-increasing fee pressure and evolving expectations from plan sponsors, a new report warns that retirement plan providers must be prepared to consider economies of scale and to prioritize technology initiatives in order to maintain profitability.
According to findings from “The Cerulli...
READ MORE
NTSA is honored to announce the recipients of the inaugural Ford Volunteer Service Award.
The Award was established in 2019, NTSA’s 30th anniversary year, in honor of the unique, lifelong volunteer efforts of Richard Ford, a lively and dedicated volunteer with and for the NTSA ever since its...
READ MORE
The California Secure Choice Retirement Savings Board has released a report on the first six months of the Golden State’s retirement savings program for those whose employers do not offer a retirement plan.
Under the program, California employers with five or more employees that don’t offer a...
READ MORE
The Plan Sponsor Council of America recently released its 62nd Annual Survey of Profit-Sharing and 401(k) Plans, documenting a record high rate of savings, alongside an uptick in Roth contributions and other trends. However, sometimes the things that don’t change can be just as telling…
Target-...
READ MORE
The Department of Labor’s Employee Benefits Security Administration (EBSA) protects the assets of employee benefit plans, including retirement plans, under Title I of ERISA. EBSA has two voluntary self-correction programs for plan administrators who need help in meeting ERISA requirements:
1. The...
READ MORE
Under ERISA, a participant’s right to his account balance must be nonforfeitable (“fully vested”) upon attaining normal retirement age. In most retirement plans, “normal retirement age” is defined in the plan. However, that term has little meaning in 403(b) plans since benefits are not distributed...
READ MORE
In Part III of the 8th Series of the NTSA WOWcasts, Past NTSA Past President Randy Aranowitz interviews Frank Owen, President of F.R. Owen & Associates, who served as NTSA President in 2008 and 2009 and was a 2014 Elite Advisor. They discuss what the NTSA means to Owen.
In Part I, Owen...
READ MORE
The National Tax-Deferred Savings Association (NTSA) has named the 2020 recipient of its Bob D. Schiller Award. The 2020 award is presented posthumously to Richard Ford for his lifetime achievements and meritorious service.
The NTSA Bob D. Schiller Award recognizes individuals who have given...
READ MORE
Recent Comments
Does the roth requirement for catch-up contributions for people who earned $145,000 apply to 457...
Hi Ed,
I really liked this article and I think you make a lot of sense. And I had no...
I believe there's a misstatement in that last quote - it should refer to governmental and...
Working with several medical providers as clients, I note that the high-end earners tend to push...
Congratulations to NTSAA for landing a good one. Nathan's breadth of experience and...