IRS 403(b) Expert Joins VALIC
VALIC has hired Robert J. "Bob" Architect, formerly senior tax law specialist and 403(b) guidance author in the Internal Revenue Service's Employee Plans Division, as vice president of...
Tag: 403(b)
Diversified Names 403(b) Market Leader
Diversified Investment Advisors, Inc., has announced that Brodie Wood has been promoted to vice president and 403(b) market leader of the firm’s not-for-profit (NFP) practice.
Technology Provider Releases Common Remitter Solution
PlanServe Data Systems has released a new technology platform for supporting common remittance, compliance, and other data requirements of 403(b), 457, and other multi-vendor employer benefit plans.
403(b) Participants Who Held Steady Enjoyed Account Growth
Participants in GuideStone’s 403(b) plans saw an average 40%-boost in their account balances between March and November 2009, the Dallas-based financial services provider said.
SPARK Seeks Comments on Form 5500 Guidelines for 403(b)s
The SPARK Institute has released a draft of new guidelines for ERISA-covered 403(b) plans that, due to new regulations, must now file a full Form 5500.
White Paper Helps 403(b) Sponsors with Fiduciary Roles
Diversified Investment Advisors, Inc., has released a white paper about 403(b) plan compliance with statutes of the Employee Retirement Income Security Act (ERISA).
Symetra Offers New Group Variable Annuity for 403(b), 457 Plans
Symetra Life Insurance Company has launched Retirement Passport Group Variable Annuity for the 403(b)/457 market.
IRS Offers Assurance until 403(b) Prototype Program Begins
The Internal Revenue Service (IRS) is offering a way for 403(b) plan sponsors to feel secure, until the new 403(b) Prototype Program begins, that their plan documents will...
403(b) Plans Show Confidence in Compliance
New research sponsored by AUL Retirement Services finds 403(b) plan sponsors are confident they understand their responsibilities and are not worried about IRS audits.
Majority of 403(b) Providers Use SPARK's Data-Sharing Best Practices
The majority of of 403(b) plan service providers responding to a recent SPARK Institute survey said they are already adhering to, or intend to adhere to, the institute’s...
Caltech Moves 403(b), 457 Plans to Single Provider
The California Institute of Technology has chosen TIAA-CREF to be the single administrative services provider for the Caltech Retirement Program, beginning January 1.
Most 403(b) Sponsors Kept Match during Downturn
Almost three-fourths of polled 403(b) plan sponsors said they did not change their employer match during the 2008 to 2009 plan year.
The Standard Offers Managed Accounts to 403(b)s
Standard Retirement Services, a subsidiary of StanCorp Financial Group, Inc., will begin offering its proprietary managed account service to 403(b) plans next month, the company announced.
New ING Team Serves Higher Ed 403(b)s
ING’s U.S. Retirement Services has recently formed a new Business Development Team dedicated to serving employer-sponsored higher education retirement plans across the country, and identifying new growth opportunities...
403(b) Prototype Likely to Allow for Vesting Schedules
The Internal Revenue Service (IRS) is reportedly working on a final revenue procedure for Section 403(b) prototype plans that takes into account comments received.
EBSA Webcast to Address Form 5500 Issues
Plan sponsors (and “plan professionals,” including advisers) looking to bone up on the new Form 5500 will have another chance to do so online.
IMHO: “Myth” Information
Recently, Time magazine ran a story called “Why It's Time to Retire the 401(k).”
TIAA-CREF Connects Smartphone Users with Financial Advice
By taking a picture of TIAA-CREF’s advertisements, smartphone users can link up with an investment consultant.
Texas Universities Select VALIC as 403(b) Plan Provider
VALIC has been chosen by the University of North Texas (UNT) and Texas Woman’s University (TWU) as a 403(b) plan provider.