403b Plans

Another university 403(b) plan has won yet another victory in staving off an excessive fee suit by the Schlichter law firm. The most recent case[1] involved Cornell University, which had already successfully fended off most of the claims in 2019 in the U.S. District Court for the Southern District... READ MORE

Many 403(b) plans are sponsored by single employers, but that could change. A recent report by the Congressional Research Service (CRS) discusses legislation that has—and could—change the rules governing them. In “403(b) Pension Plans: Overview and Legislative Developments,” the CRS provides a... READ MORE

At the 2023 NAPA/NTSA ERISA 403(b) conference, Nevin & Fred took the podcast LIVE to focus on the differences in SECURE 2.0 for 403(b) and 401(k) plans—with a special guest. That’s right, we closed out the 2023 NAPA/NTSA ERISA 403(b) conference with a live session joined by the inimitable... READ MORE

Do you feel confident selling SECURE 2.0 to clients? Joey Santos-Jones writes in MarketBeat about an Oct. 24 session of the 2023 ASPPA Annual conference, which featured PSCA Executive Director Will Hansen, JJ McKinney from EGPS and Kirsten Curry from LRS as they unspun the most talked-about... READ MORE

A panel at the Oct. 22 opening session of the 2023 ASPPA Annual Conference noted that there is legislation that would allow 403(b) plans to offer CITs and separate account insurance contracts as investment options.  Panel members were Brian Graff, American Retirement Association (ARA) CEO; Will... READ MORE

Editor’s Note: This is the first in a two-part series about service providers’ audits of clients and their plans.  That’s what a first financial audit can feel like, says an industry expert. But it doesn’t have to. “Death by a thousand cuts. That’s what initial 401(k) and 403(b) audit clients... READ MORE

Concerns about increasing partisanship in traditionally bipartisan retirement policy and legislation was the theme of a conversation between Brian Graff and Preston Rutledge at the ERISA 403(b) Conference in Washington, D.C., on Oct. 2. Graff, CEO of the American Retirement Association, and... READ MORE

Tech Talk discusses what an employer that offers a 403(b) plan should consider regarding offering a student loan matching contribution program. READ MORE

I fear that by the time you read this, we will be entering a government shutdown or will be moments away from one. Fingers crossed that we can all come together to keep things up and running. Regardless of that, September has been a very busy month for the NTSA.  Educating the Educators I am... READ MORE