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March 7th, 2023 Information & Insights for the 403(b) Community Senators Brown and Collins Re-Introduce Social Security Fairness Act The bill, if passed, would repeal reductions in Social Security benefits paid to certain public pensioners. Employers Should Offer Variety of Retirement Income Options, Survey Shows A new report argues that plan sponsors should offer retirement income solutions such as annuities to provide lasting lifetime income options to workers. Ask the Experts Are CITs Now Permitted in 403(b) Plans? In a recent Ask the Experts column, you indicated that the since-passed SECURE 2.0 Act of 2022 legislation might allow collective investment trusts (CITs) in 403(b) plans. Are CITs now permitted? Defined Benefit Plans Posted Worst Performance Since 2008 Crisis Last Year But performance for defined benefit plans did rebound in Q4, according to a new report. 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