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January 30th, 2024 Information & Insights for the 403(b) Community 2024 PS Webinar: SECURE 2.0 for 403(b) Plans Speakers review what the wide-ranging retirement law means for higher education, nonprofit, health care and government employers. Stakeholders Ask for Enforcement Delay on Part-Time Eligibility Rules SECURE 2.0 requires part-timers to be made eligible for elective contributions after two years of service. Ask the Experts How Does the New Hardship Distribution Provision for Terminal Illness Work? Q: We know that, thanks to the SECURE 2.0 Act of 2022, the hardship distribution rules for our 403(b) plan will now be the same as the rules for 401(k) plans. But will these rules include the new distribution provision for terminal illness as a category of hardship? Or will a terminally ill participant have to terminate employment or prove a different category of hardship to receive a distribution from the plan? DOL Lawsuit Alleges TPA Stole $5.5M in Retirement Plan Assets From 17 Clients A restraining order has been filed in the Department of Labor lawsuit against Pennsylvania third-party administrator RiversEdge. Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850