Practice Management

The NTSA is saddened that Eleanor (“Ellie”) Lowder, one of the original pioneers of the 403(b) world, passed away on Sept. 21, 2022. Born in 1938 in Virden, IL, Ellie was a loving mother and dedicated wife, and in a time in which it was more traditional for women to not enter the workforce, she... READ MORE

We deal with a lot of gaps in our lives — gaps because there is a difference between what we want and/or expect and reality, writes Nevin Adams in MarketBeat. He discusses the Marist Mindset List, which he says provides some perspective on the shifting generational perspectives of individuals just... READ MORE

Americans across generations face a vortex of challenges that are hindering their ability to save, leaving many with less than 50% of income replacement in retirement, according to an annual survey by Goldman Sachs Asset Management.        In fact, findings from the firm’s Retirement Survey &... READ MORE

The fiduciaries of a relatively small retirement plan have come to relatively smaller terms in an excessive fee suit. First and foremost, the settlement proposed provides $330,000 in the form of a “Settlement Fund.” This litigation was initially commenced on Sept. 3, 2020, alleging that the... READ MORE

The latest excessive fee suit targets “wildly excessive compensation,” an allegedly imprudent stable value offering, and the unmonitored use of “float” income.  More specifically, the participant-plaintiffs of Miami, Florida-based Lennar Corp. are raising issues with the recordkeeping/... READ MORE

Fidelity Investments, Vanguard, and Alight Solutions announce that they have collaborated with Retirement Clearinghouse, LLC to create a consortium of workplace retirement plan recordkeepers to accelerate the nationwide adoption of auto portability. Vanguard and Alight had each previously... READ MORE

Legislation that could affect retirement plans is pending on Capitol Hill — but the midterm elections loom and the remaining weeks after that will be a “lame-duck” session. But that may not spell doom for those bills, suggested American Retirement Association CEO Brian Graff at the Oct. 3 opening... READ MORE

While not yet back to pre-COVID levels, average deferral rates are up, more participants are contributing, more plans are permitting immediate eligibility, and employer contribution rates to 403(b) plans rose almost 24% year-over-year, according to an annual 403(b) Plan Survey from the Plan Sponsor... READ MORE

NTSA, the National Tax-Deferred Savings Association, is proud to honor Susan Diehl, QPA, CPC, TGPC, ERPA, BCF™ with their NTSA 2023 Richard Ford Volunteer Service Award (FVSA). Diehl will be recognized at the NTSA 2023 Summit at the Grand Hyatt, Tampa, FL at their Awards Luncheon Feb. 27, 2023.... READ MORE