Tag: Nonqualified Plans
Symetra Life Insurance Company has launched Retirement Passport Group Variable Annuity for the 403(b)/457 market.
The Internal Revenue Service has issued guidance on the application of 409A(a) to changes made to nonqualified deferred compensation plans to comply with an advisory opinion of the Office of the Special Master for TARP Executive Compensation.
A new by the Principal Financial Group found that among the 75% of plan sponsors jobbing out the recordkeeping for their nonqualified deferred compensation (NQDC) plans, 92% are satisfied with their provider.
A new partnership between Prudential Retirement and MullinTBG should allow sponsors and advisers to better handle qualified and nonqualified programs, according to a news release.
Diversified Investment Advisors, Inc., has enhanced its nonqualified deferred compensation (NQDC) plan solution, Retirement Advantage, to assist plan sponsors and their advisers in meeting 409A requirements.
Alabama Attorney General Troy King has taken over a probe into at least $10 million in fees paid by to the Alabama State Employees Association from the 457 plan accounts of current and retired state workers.
CAPTRUST said Mike Curran will lead the firm’s efforts to broaden nonqualified deferred compensation services.