Advertisement
News
It’s not unusual for questions to arise about options for the beneficiaries of 403(b) accounts, including non-spouse beneficiaries’ ability to “stretch” the distributions from the deceased’s account over the beneficiary’s lifetime. In this week’s MarketBeat, Ellie Lowder reviews the basics of...
READ MORE
There are rules for how to handle inherited IRAs and 403(b)s, but that doesn’t mean questions don’t still arise about that. In this week’s Tech Talk, Ellie Lowder answers further questions regarding inherited IRAs and 403(b)s and the regulations that are the basis for how they are treated.
READ MORE
The states just got a report card on their teacher pension systems, and many states have work to do. The National Council on Teacher Quality (NCTQ) in “Doing the Math on Teacher Pensions” reports that collectively in 2014, state teacher pension systems had unfunded liabilities amounting to $500...
READ MORE
Legislation just introduced in the Oregon State Senate brings the Beaver State a step closer to establishing a state-run retirement savings program.The legislation, backed by the Oregon Senate Majority Leader Diane Rosenbaum (D-21st), would create an Oregon Retirement Savings Board tasked with...
READ MORE
Nominations are now open for the 2015 NTSA Elite Advisor Award!Launched in 2014, the NTSA Elite Advisor Award recognizes the contributions of advisors who — by their actions and example — have advanced best practice standards in the 403(b) and/or 457 retirement industry, and in so doing, have...
READ MORE
The new IRS position that the one-per-year limit on IRA rollovers applies to all IRAs a taxpayer owns continues to evoke questions. In this week’s MarketBeat, David R. Blask discusses the rule, as well as the changes the IRS made to its Publication 590 to help taxpayers comply and better understand...
READ MORE
A spouse beneficiary would like to assume ownership of an inherited 403(b) account and then roll his IRA into it. In this week’s Tech Talk, Ellie Lowder tells us whether this is permissible, and answers a follow-up question as well.
READ MORE
The Department of Labor’s Employee Benefits Security Administration (EBSA) on Feb. 4 updated five frequently asked questions concerning electronically filing the Form 5500 via the EFAST2 system.Following are the changes EBSA made:The Department of Labor’s Employee Benefits Security Administration (...
READ MORE
Public pension plans got a chilly start to 2015, according to a recent report by BNY Mellon Investment Strategy and Solutions Group (ISSG) concerning how they fared in January 2015.The assets of a typical plan were virtually unchanged from the month before, falling by a mere 0.1%. ISSG said that...
READ MORE
The IRS cautions that entering incorrect information — or in some cases, leaving a field blank — on the Form 5500 increases the likelihood of being targeted for a compliance check.The IRS cites the following examples of these types of errors: Sponsors incorrectly entered 0 participants or left...
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...