Advertisement
News
n March 31, the American Retirement Association (ARA) provided an expert discussion of the key elements in the Coronavirus Aid, Relief and Economic Security (CARES) Act in a special webcast.
The ARA’s Retirement Education Counsel Robert Richter, Director of Technical Education Bob Kaplan and Marty...
READ MORE
Portability of Roth 403(b), Roth 401(k) and effective with the addition of a Roth 457(b) option to governmental plans on January 1, 2011 (referred to as designated Roth accounts), is extended to eligible rollover distributions from designated Roth accounts to Roth IRAs. Additionally, effective...
READ MORE
Under the Department of Labor’s 2012 final rule to improve transparency of fees and expenses to workers in 401(k)-type retirement plans, in addition to other plan-related information that must be disclosed, participants also must receive statements of actual charges or deductions.
Participants...
READ MORE
In 2019, the Hawaii State Department of Education (HIDOE) began a project with National Benefit Services (NBS) to strengthen retirement plan education in the state. This project was started with many circumstances in mind, one of which was the decline in participation in the HIDOE’s 403(b) plan...
READ MORE
The American Retirement Association (ARA) on March 30 requested relief from the Department of Labor’s Employee Benefits Security Administration (EBSA) on certain ERISA notice and disclosure requirements. The ARA made the request in a March 30 letter to the Honorable Preston Rutledge, DOL Assistant...
READ MORE
Amidst the ongoing COVID-19 crisis, the American Retirement Association has been working diligently to push for commonsense solutions that provide Americans with the funds necessary to provide for themselves and their families while at the same time protect the private employer-sponsored retirement...
READ MORE
A federal appellate court has ruled in favor of the fiduciaries of a university 403(b) plan excessive fee lawsuit.
This was the second of the 403(b) university excessive fee suits to go to trial—and the second in which the university defendants prevailed, back in May 2018.
The original suit,...
READ MORE
NTSA needs YOU and your ideas! Join in this 2nd NTSA 2020 Member Survey, “NTSA Values & Benefits We Need.”
This quick and easy survey should take less than five minutes to complete. We are most grateful for your input.
Results will be reported in April.
The survey can be found here.
READ MORE
Tech Talk addresses whether there are any restrictions on transferring assets from an employer’s non-ERISA 403b plan to its newly established 403(b) plan.
READ MORE
The IRS has extended the remedial amendment period for 403(b) plans and pre-approved defined benefit plans. The IRS made the announcement on March 27.
The American Retirement Association (ARA) in a March 16 letter to Cathy Jones, Director of the IRS Office of Employee Plans, commented on the 403(b...
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...