The legislation will provide parity between 401 (k) and 403 (b) plans by allowing 403 (b) plan participants to choose from a wider array of funds, including CITs that they may be able to invest in ...
The PSN is an independent, recordkeeper-led utility founded by BET billionaire Robert Johnson. It utilizes the Retirement Clearinghouse (RCH) technology to build a nationwide digital hub connecting ...
The IRS on Dec. 5 issued the 2024 required amendments (RA) list for qualified plans and 403 (b)s. The list is contained in Notice 2024-82.
The GAO report also cited guidance from the Employee Benefits Security Administration (EBSA). In March 2022, EBSA issued guidance that encourages plan fiduciaries to exercise extreme care before they ...
The cornucopia was full of gains for private-sector defined benefit plans in November, according to multiple analyses. Funded status improved in November, reflecting growth in assets that outstripped ...
The Pension Benefit Guaranty Corporation (PBGC) on Dec. 4 issued a final rule that amends its Privacy Act regulation to exempt a system of records that supports law enforcement investigations through ...
What’s more, nearly a third (32%) say the biggest challenge in managing their retirement withdrawals is understanding all the options available. Additional challenges include planning for health care ...