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November 1st, 2022 Information & Insights for the 403(b) Community Yale 403(b) Fiduciary Breach Counts Withstand Motions A federal judge has granted in part and denied in part, the Yale University motion for summary judgement. Washington Insiders Offer Timeline Update on SECURE 2.0 Comprehensive retirement reform is expected to pass this year and is intended to increase access to retirement accounts. Ask the Experts What Are the Limits on a 457(f) Plan? "I work for a public university that sponsors a 403(b) and 457(b) plan, and is currently considering the addition of a 457(f) plan. Now, I know that we can allow all employees to participate in our 403(b) and 457(b) plans, but our recordkeeper is saying that the 457(f) must be limited to select management and highly compensated employees. Is this correct?" Needed Retirement Asset Expectations Are Higher in 2022 Workers expect they must accumulate higher savings amounts for retirement, according to a new report.   GAO Study Highlights Increased Mortality of Impoverished Seniors The U.S. is more unequal than the other countries studied, low income and wealth are associated with higher mortality, and Social Security does a great deal to reduce the impact of inequality, the study found. Conference Next Week: Exploring ESG Investing Join us Thursday, November 10, for a virtual conference to learn about regulations for environmental, social and governance investing in retirement plans; the debate over whether ESG factors are financial/performance factors; and what allocators, plan sponsors and advisers should consider when deciding whether and how to use ESG investments.  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