Advertisement
News
There is an inverse relationship between the generosity of a local government defined benefit plan and its employees’ contributions to a supplemental retirement plan. The Center for State and Local Governmental Excellence reports in its issue brief, “Importance of Supplemental Retirement Saving...
READ MORE
“Get to work” is essentially the message of the Florida Department of Management Services (DMS) to 19 local pension plans in the Sunshine State. The Florida Times Union reports that DMS on Jan. 27 told the plans, all of which are less than 50% funded, that they need to address their unfunded...
READ MORE
Can a client move funds from a 401(k) to two IRAs with two different providers? Do the new rollover rules come into play? In this week’s Tech Talk, Ellie Lowder tells us whether they apply to rollovers from an employer-sponsored plan.
READ MORE
It is challenging to predict what legislative and regulatory activity may be in store for retirement plans. Nonetheless, in this week’s MarketBeat Linda Segal Blinn offers a look at some of the initiatives to watch this year.
READ MORE
Recent discussions in disparate parts of Wisconsin illustrate well how widespread the problems concerning public pension funding and benefits are.Menomonie and Milwaukee, Wis., are night and day. They are on opposite ends of the state. Milwaukee, the state’s largest city, has 37 times the...
READ MORE
The IRS on Feb. 2 announced that the addresses it provided for filing applications for 403(b) pre-approved plans are incorrect. It provided those addresses in Revenue Procedure (Rev. Proc.) 2013-22, but also very recently in Rev. Proc. 2015-8.The correct address for applications for 403(b) pre-...
READ MORE
Available through February 10, 2016 Speaker: Judy Miller, MSPA, ACOPA Executive Director NOTE: WEBCAST IS COMPLIMENTARY FOR NTSA MEMBERS Check back soon for the webcast outline! Illinois has become the first state to enact a...
READ MORE
Available through February 10, 2016 Speaker: Judy Miller, MSPA, ACOPA Executive Director NOTE: WEBCAST IS COMPLIMENTARY FOR NTSA MEMBERS Check back soon for the webcast outline! Illinois has become the first state to enact a...
READ MORE
What a difference a state line can make. Teacher retirement funds in North Dakota seek the state’s assistance to bolster their solvency, a marked contrast to the state of things in neighboring Montana, where the financial condition of teacher retirement plans has rebounded. The North Dakota School...
READ MORE
State and local retirement plans will be able to cover qualifying public charter school employees without adverse consequences if regulations the IRS proposed on Jan. 23 are adopted. IRS Notice 2015-7 would change the definition of governmental plan under Internal Revenue Code Section 414(d) so...
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...