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Americans strongly believe in and support saving for retirement. But that doesn’t necessarily mean that they’re saving as much as they are projected to need in order to be financially ready for retirement. The findings of two recent studies illustrate this disconnect.The National Institute on...
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The Retirement Advisor Council (RAC) announced on March 12 that it has developed a template request for proposal (RFP) for institutions of higher education to use in searching for advisors for their retirement plans. RAC makes the template available free of charge and with no copyright restrictions...
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A group of eight Republican senators, including the Chairmen of the Senate Finance Committee and the Senate Committee on Health, Education, Labor & Pensions (HELP), have expressed their concerns about the potential negative consequences for American workers if the Labor Department’s fiduciary...
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The IRS announced on March 11 that it has updated the information package containing sample plan provisions concerning pre-approved 403(b) plans. The update is first since March 2013.The IRS has made changes to the language that concerns the following terms and topics: compensation contribution...
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Most states are making a good faith effort to meet their annual required contributions (ARCs) to their state pension systems. That’s the conclusion the National Association of State Retirement Administrators (NASRA), an association of the directors of state and territorial public retirement systems...
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Some governmental plan sponsors, public school districts and public higher education organizations misinterpret how the federal income tax code applies to them. In this week’s MarketBeat, Michael Webb provides an overview regarding the sections of the tax code that do — and do not — apply to them.
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If a government employee separates from service, would he need a recurring contribution in order to fall under the Code Section 401(a) special pay provision? In this week’s Tech Talk, Ellie Lowder tells us.
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Several months ago, ASPPA members overwhelmingly voted in favor of a new name and structure for the umbrella organization of our four sister associations — the American Retirement Association. As such, the American Retirement Association steps into the role of coordinator, overall industry...
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Michigan’s state employee retirement plan could be paying out a sizable chunk more in benefits four years from now. According to the Lansing State Journal, approximately 30% of the 48,617 state employees will be eligible to retire by 2019, nearly twice as many as this year.According to the Michigan...
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Now there’s an easy way for you to help spread the word about the industry’s premier education and networking event for 403(b) and 457 plan market professionals! In the free NTSA 403(b) Summit toolkit, you’ll find an assortment of email and website banners that you can use to show your support for...
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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...