Advertisement
News
The recent White House budget proposal sets aside $6.5 million in funding for the Department of Labor, along with waiver authority, to support state efforts to implement state-based automatic enrollment IRAs or 401(k)-type programs.Currently more than a dozen state legislatures are actively...
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
Add Washington to the list of states that are considering legislation affecting the marketplace for private retirement plan products. Washington State Rep. Larry Springer (D-Kirkland) has introduced a bill to create a “small business retirement plan marketplace” with the goal of “removing barriers...
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
Both houses of the New Jersey legislature have now approved a bill that forbids investing New Jersey public employee pension funds in firms with investment managers that make donations to national political groups.Contracts between the New Jersey Division of Investment and firms and investment...
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
New Jersey Gov. Chris Christie (R) suffered a setback Feb. 23 in his plan to reduce the state’s contributions to the state pension system. New Jersey Superior Court Judge Mary Jacobson said that the plan is unconstitutional.Christie’s administration planned to slash cut $1.57 billion more from the...
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
The National Tax-deferred Savings Association (NTSA) has issued a call for presentations and presenters at the 2015 NTSA 403(b) Summit.As part of the redefined 403(b) Summit experience, NTSA members voted on key topics on which they’d like to be part of the program agenda. Now you can be part of...
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
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...