Advertisement
News
In a recent speech in Washington, New Jersey Gov. Chris Christie (R) laid the groundwork for moving more state workers into a blended 401(k)/DB plan to fill a $807 million hole in the state’s $33 billion budget. Currently, the state’s retirement plan is underfunded by an estimated $51 billion, the...
READ MORE
Some states and cities have found that cutting cost-of-living adjustments (COLAs) to the pensions they provide their employees is a way to loosen the financial vise of pension liabilities and a shaky economy. The Center for Retirement Research of Boston College in its recent study, “COLA Cuts in...
READ MORE
Change is coming to the “once each 12 months” rule for indirect IRA-to-IRA rollovers. The federal Tax Court, in Bobrow vs. Commissioner of Internal Revenue Service, held that you can’t make a non-taxable rollover from one IRA to another if you have already made a rollover from any IRA that you own...
READ MORE
Change is coming to the “once each 12 months” rule for indirect IRA-to-IRA rollovers. The federal Tax Court, in Bobrow vs. Commissioner of Internal Revenue Service, held that you can’t make a non-taxable rollover from one IRA to another if you have already made a rollover from any IRA that you own...
READ MORE
Competition and the ability to make decisions and not have someone in power limit those choices is at the core of who we are — and that includes retirement planning. But that freedom is at risk at the hands of those who want to have states — not plans and participants — decide what’s best. That’s...
READ MORE
Can a 55 year old who retired three years before and who believes that he will not incur an IRS penalty on withdrawals from his 403(b) make them? Ellie Lowder has the answer in this week’s Tech Talk.
READ MORE
More than 1,000 school districts will be joining those whose 403(b) and 457(b) services are administered by The OMNI Group, an independent third-party administrator whose services include retirement plan administration. This comes after U.S. Retirement Partners (USRP) acquired CPI Qualified Plan...
READ MORE
Can a retiree who has elected a partial lump sum and does not have a 403(b) account but has a 457(b) account establish a 403(b) to receive the rollover from her former employer? Or can she roll over the lump sum distribution to her 457(b)? Ellie Lowder has the answer in this week’s Tech Talk.
READ MORE
The IRS is auditing 403(b) plans — especially in light of the changes made to the 403(b) regulations in the last few years. In the latest Market Beat, Kimberly A. Flett points out that with the right amount of planning and proper administration, plan sponsors can avoid audit pitfalls and provide...
READ MORE
What is the state of the 403(b) marketplace? Find out from Ellie A. Lowder, TGPC, TSA Consulting and Training Services, and M. Kristi Cook, JD, TGPC, Attorney, Law Offices of M. Kristi Cook, PC, at Keep Choice Alive: The 2014 NTSA 403(b) Summit in Washington, D.C., June 22-25. Lowder and Cook will...
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...