News Archive

The IRS on March 4 announced that it has revised publications concerning aspects of IRA administration and taxation of IRAs. The IRS intends these publications to help businesses and individuals understand how to figure depreciation as well as pension options. The publications are: Publication 4587... READ MORE

Public pension plans had a good month in February, according to BNY Mellon Investment and Strategy Group (ISSG). Public plans’ robust month was attributable to their allocations to high-yield fixed income and U.S. large cap equities, ISSG says.February saw the biggest monthly improvement in the... READ MORE

It’s no longer just states that are looking at the notion of expanding private sector retirement plan coverage. New York City Public Advocate Letitia James on Feb. 26 introduced legislation creating a commission of experts to study the establishment of a pension fund for private sector workers... READ MORE

Can 403(b) pay deferrals to a former employee be taken from the compensation he or she receives for unused leave? In this week’s Tech Talk, Ellie Lowder tells us that they can, but that there are conditions that must be met. READ MORE

In a characteristically brash move, New Jersey Gov. Chris Christie (R) announced a plan to restructure the state pension system just one day after a New Jersey judge said his plan to cut the state’s contributions to its pension system violates the state constitution.Christie’s fiscal year 2015... READ MORE

The NTSA is very pleased to announce that our persistent effort to ensure that public school employees receive the same important retirement plan information provided to private sector retirement plan participants, including fees, expenses and compensations, has passed a significant milestone: On... READ MORE

It can be a challenge to find quality reference materials concerning the 403(b) and 457(b) market as those serving other kinds of retirement pans. But a freshly updated reference is now available! In this week’s MarketBeat, Michael Webb introduces The Source: 403(b) and 457(b) Plans, which he calls... READ MORE

More divides private and public employees than the kind of employer for which they work — what kind of retirement plan is available to them, and how many assets are available in each kind, varies as well. Pensions & Investments reports that the answer for each is the opposite of the other.By... READ MORE

President Obama has thrown his support behind the Department of Labor’s (DOL) controversial fiduciary rule reproposal — but the details of the proposal remain elusive.The president touted the reproposed rule at a Feb 23 speech at the offices of AARP in Washington, where he was joined by Sen.... READ MORE