Tag: 403(b)

Great-West Retirement Services announced that Fairfax County Public Schools (FCPS) in Virginia has hired it as one of the school system’s three 403(b) plan providers, serving 6,000 employees.

Somewhere in the course of your professional life, you have no doubt heard (or used) the expression about what happens when you assume1.

A new report from The Principal suggests that actively sponsored non-profit plans, including 403(b) plans, are achieving the same level of success as their for-profit counterparts.

Midwest Capital Advisors (MCA) of Grand Rapids, Michigan, has been selected as the provider of 403(b) and 457 retirement plan investments by the Michigan Retirement Investment Consortium (MRIC).

The recent market tumult certainly took a toll on participant balances, but a an analysis by The Principal suggests that it might have been less than some feared.

Stanford University faculty and staff will soon be making new decisions about their retirement savings as changes to the school's 403(b) plan will take effect November 2.

A federal judge has dismissed a lawsuit alleging a New York state teachers group breached its fiduciary duty by paying “kickbacks” to ING Life Insurance and Annuity Co.

House Republican Leader John Boehner (R-Ohio) on Saturday threw his support behind President Barack Obama’s announcement of initiatives to help Americans increase their personal savings. 

As the nation turns its attention to the three-day Labor Day weekend, the White House is talking about retirement security. 

Having a due diligence process can ensure that a 403(b) plan is running smoothly.

The Hartford Financial Services Group, Inc., has introduced online information-sharing reports and automated data-sharing capabilities for third-party administrators (TPAs) to help 403(b) sponsors meet new requirements.

AXA Equitable Life Insurance Company announced its intent to participate in the Internal Revenue Service's (IRS) 403(b) prototype program.

Many 403(b) plan sponsors are facing for the first time not only Form 5500 reporting, but a plan audit if the plan covers 100 or more participants.

10 Things You’re (Probably) Doing Wrong—or Not Doing Right—as a Plan Fiduciary (continued).

TIAA-CREF was selected, along with four other providers, for the Iowa Department of Administrative Services Statewide 457(b) and 401(a) Plans.

Americans held $13.4 trillion in retirement assets at the end of the first quarter of 2009, accounting for 33% of all household financial assets in the United States,...

An investment adviser for a public access television station in Enid, Oklahoma, explained that costs were behind the decision to ditch a 403(b) plan for employees in favor...

Verity Asset Management added five new investment adviser representatives as part of its expansion of advisory services in the 403(b) marketplace, the company said.

The Illinois Bankers Association (IBA) and the Springfield, Illinois-based Empire Advisory Group are teaming up to offer Empire's 401(k) plan, 403(b) plan, and nonqualified deferred compensation (NQDC) plans...

The Department of Labor (DoL) has said its Form 5500 transition relief for 403(b) plans applies to years beyond the 2009 plan year.