The WebEx is scheduled for Wednesday (June 4) at 3 p.m. Eastern and will be co-hosted by M. Palmer Whitney, national managing director for non-profit markets for MassMutual’s Retirement Services Division, and Andrea O’Brien, partner, Venable, LLP, a law firm servicing non-profit organizations.
Topics of the one-hour WebEx session will include marketplace trends, non-profit opportunities, regulations, and how advisers can demonstrate to plan sponsors the value of seeking the expertise of a trusted adviser, according to the company.
“The new 403(b) regulations provide opportunities for retirement plan advisers in the non-profit market, not just for 403(b) but for 401(k) as well,” said Paul Steven Henry, vice president of product development for MassMutual’s Retirement Services Division. “For the first time in over 40 years, the Treasury Department and the Internal Revenue Service (IRS) have updated the rules and regulations for 403(b) plans. These changes place more oversight responsibility on plan sponsors who will, in turn, look to advisers to deliver expertise and guidance.”
Advisers who attend the WebEx will receive a copy of Venable’s materials including Highlights of the Final 403(b) Regulations, What the Changes Mean to Plan Sponsors, and a Compliance Checklist for 403(b) Plan Sponsors. Advisers may use these materials as discussion tools to help plan sponsors navigate the changes prior to their effective date of January 1, 2009, the company says.
Access instructions to the WebEx section is available here.