|Tax Bill Passed By Senate Backs Off 457(b), 403(b) Plan Changes|
It appears some last-minute amendments have largely removed controversial provisions from the Senate’s version of tax reform legislation that would have had a big impact on governmental 457 and nonprofit 403(b) plan sponsors.
|Education on Lifetime Income Needed in Not-for-Profit Sector|
|In-plan lifetime income options can secure certain benefits participants may not find in retail solutions, suggests a new study by TIAA.|
|Pass-Through Tax Reform Impact on Small Businesses May Be Mitigated via Roth|
The American Retirement Association says that tax reform could be a disincentive for small businesses to offer retirement plans; however, as one reader shares, there are counter considerations having to do with Roth 401(k) options that could mitigate some of the concern.
|Average Worker Will Pay More Than $150K in 401(k) Fees|
Higher-income workers, making $90,000 a year, will pay $277,000, according to America’s Best 401k.
|Congressional Democrats Continue Push on Butch Lewis Act|
The legislation would take steps to provide additional anti-cutback protections for Teamsters, miners, and other unionized American workers who have paid significant sums into multiemployer pension funds.