News Archive

Would the 10% premature distribution penalty tax be imposed on 403(b) withdrawals made by a client who attained age 55 two months after she had severed employment from the school district for which she had worked? In Tech Talk, Ellie Lowder tells us. READ MORE

Have you ever attended a conference session about using social media and walked away thinking that when you got back to your office you weren't going to be allowed to do any of the stuff you just learned? Or worse, that you didn't really understand what any of it meant to begin with?This year’s 403... READ MORE

The Nutmeg State has taken another step toward the creation of a state-run retirement program for private sector workers with the release of a lengthy report detailing the potential elements of such a program.In 2014, Connecticut enacted legislation creating the Connecticut Retirement Security... READ MORE

Signed into law on Dec. 18, 2015, the huge appropriations bill governing tax and spending issues included a number of “extenders” — that is, the extension of tax provisions that expired at the end of 2014. In MarketBeat, Ellie Lowder discusses other employee benefit-related changes of interest to... READ MORE

Just before Christmas, President Obama signed into law H.R. 2029, a massive year-end spending and tax bill containing a number of provisions affecting health and retirement plans. Here’s what you may have missed.H.R. 2029 — now Public Law 114-113 — includes both an omnibus appropriations bill that... READ MORE

The New Jersey Senate Budget Committee has approved a bill creating a mandatory retirement program for private-sector workers without employer-sponsored plans in the Garden State.The Secure Choice Savings Act (S2831) would require companies with at least 25 employees that don’t already offer... READ MORE

With the advent of a new year, a compliance calendar will be a handy tool for making sure that a plan follows all the rules and regulations. In MarketBeat, Diane D. Capone provides a 403(b) plan compliance calendar for 2016. READ MORE

Smaller plans are frequently resource- and expertise-constrained when it comes to their workplace retirement plans, but a new survey indicates that they are less likely to do the things they should be doing — and less likely to get help from advisors to do them. The survey, conducted among over... READ MORE

Suppose you have a client who contributes to a 403(b) and 457(b) and is over age 70½. Can he contribute to a Roth IRA? In Tech Talk, Ellie Lowder tells us. READ MORE