403(b) plan participants have until June 30 to correct defective contract exchanges to avoid the amounts becoming immediately taxable.
Great-West Retirement Services announced today that it has notified the Internal Revenue Service (IRS) of its intent to sponsor a 403(b) prototype plan under the IRS's proposed 403(b) prototype plan program.
The SPARK Institute submitted a comment letter to the Internal Revenue Service (IRS) commending it on the proposed 403(b) plans prototype program, and requesting changes that it says will expand availability of the program and help clarify certain issues.
VALIC, a 403(b) plan provider, said it intends to participate in the IRS 403(b) prototype program.
ING U.S. Retirement Services (ING) notified the IRS of its intention to file an opinion letter application as a Section 403(b) prototype plan sponsor.
Symetra Financial unveiled its Savings for Schools program designed to advance retirement preparedness among K-12 school teachers and educators.
Retirement plan advisers have an opportunity to help 403(b) plan sponsors reach out to participants in a variety of ways.
Automatic enrollment has helped some 403(b) plans see participation boosts, but many plans still need to overcome the challenge of getting employees to save.
They say that practice makes perfect--and for non-profit employers that sponsor 403(b) retirement plans, Principal Financial Group is offering to give them a chance to "practice."
401kDIRECT launched a new program that gives advisers, third-party administrators (TPAs), and plan sponsors access to exchange-traded funds (ETFs).
The SPARK Institute has announced additions to its Q&A Web site regarding its 403(b) Plans Information Sharing Data Elements Best Practices.
The American Society of Pension Professionals&Actuaries (ASPPA) has begun offering education, including a new credential and certificate program, for professionals who specialize in the tax-exempt and governmental retirement plan market.
The 403(b) Company offers a 403(b) Administrator service that can help sponsors get through Internal Revenue Service (IRS) and Department of Labor (DoL) plan audits.
The Principal Financial Group has unveiled new tools to help plans comply with new disclosure mandates for the Form 5500 and new requirements for retirement plan financial statements (FAS No. 157).
403(b) plans are lagging in employee participation and plan features to incent participation, according to research from PLANSPONSOR.
ING has introduced the ING Educator's Direct 403(b) Program, a variable annuity issued by ING Life Insurance and Annuity Company, to education professionals in Delaware.
Millennium Trust Company, LLC, announced its appointment as successor custodian for Neuberger Berman 403(b) custodial accounts.
As 403(b) plan sponsors and advisers have prepared for new Internal Revenue Services regulations in effect as of January 1, no doubt communications with participants about the new environment have begun, but have you told them everything?
Similar to the protests in New York, teachers in Newport News, Virginia, are pushing back against their administration's efforts to limit their choice of 403(b) plan vendors.
The Utica Teachers Union opposes a decision to limit the district employees’ choice of a financial adviser.