Tag: 403(b) plan

The total number of 401(k) accounts exceeding $1 million at Fidelity increased in last year’s final quarter.

Legislation to permit the pooled investment into 403(b) plans continues to inchworm its way through Congress.

The bill would correct errors related to catch-ups, RMDs and Starter Plans.

The vesting rule in the proposal is a focus for industry experts.

The IRS published fiduciary guidance on legislation intended to give more part-time workers access to retirement plans.

The plaintiffs filed an unopposed settlement after “hard-fought” negotiations.

A Connecticut federal jury sided mostly in favor of Yale over the management of its $5.5 billion retirement program.

A bill approved by the House Committee on Financial Services would permit CITs in all 403(b) plans to bring parity...

403(b) plan advisers may have their patience rewarded with a potential bill to allow CITs is on the table.

The language required to allow CITs in 403(b) plans was dropped in the final bill after inter-committee negotiations.

Legislation now needs Congressional approval, along with the budget, and the president’s signature this week.

Passage of the final bill depends on whether Congress can pass an annual budget.

Three separate bills, dubbed SECURE 2.0 when taken together, are likely to be passed into law by this December, according...

A Nationwide Retirement Institute report shows a spike in workers who are feeling on ‘the wrong track’ for retirement.  

The judge has allowed the case to go forward and the ‘plaintiffs should be afforded an opportunity to conduct discovery.’

The agency issued a listing of required modifications for pre-approved plans.

A GAO study found a wide range in 403(b) plan recordkeeping and investment management fees.

Proposed required minimum distribution changes would require a participant to take calculated amounts from each 403(b) contract he has.

The 2022 Cumulative List will assist providers of Section 403(b) pre-approved plans applying to the IRS for opinion letters.