Deals and People | April 4th, 2024 MissionSquare Names New CIO, as Wayne Wicker Retires Formerly the head of fixed income, Chong-Wulff has been at MissionSquare since 2007.
Deals and People | September 18th, 2023 Voya Keeps Building Government Markets Team With Rehire A former strategic relationship manager at Voya has rejoined the New York City asset manager and recordkeeper.
Compliance | October 25th, 2022 Empower Hit With Managed Account Lawsuit The suit claims Empower instituted "fraudulent sales tactics" to "lure" 457 plan participants into its managed accounts.
Ask the Experts | September 27th, 2022 Does a Plan’s Name Have to Change When a Plan Sponsor’s Name Changes? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Data and Research | June 1st, 2022 Retirement Income Gaps Persist for Government Workers Female government workers save at lower rates than men in workplace defined contribution plans.
Products | June 30th, 2021 Public Plans Database Has Been Expanded Users can now find comprehensive data about public DC plans as well as public DB plans.
Compliance | June 25th, 2020 GASB Finalizes Reporting Rules for 457 Plans Prior standards presumed that all Section 457 plans were not pension plans and, therefore, were not subject to pension plan...
Ask the Experts | April 7th, 2020 Partial FICA Tax for Governmental 457(b) Plan Contributions Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Compliance | March 9th, 2020 GASB Proposes New Reporting Rules for 457 Plans If a 457 plan meets the definition of pension plan in certain cases, all accounting and financial reporting requirements that...
Data and Research | November 20th, 2019 Could Auto-Enrollment Be a Boost for Government DC Plan Participants? Aside from the lack of use of auto-enrollment, NAGDCA’s current benchmarking survey found some similarities between government DC plans and...
Ask the Experts | November 12th, 2019 Ask the Experts – Contributions to 457(b) Plans Subject to FICA Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Compliance | October 21st, 2019 Law Firm Confirms SEC Examination of 403(b) Plan Investment Practices A client alert says the SEC has sent letters to companies that administer 403(b) and 457 retirement plans asking for...
Ask the Experts | August 13th, 2019 (b)lines Ask the Experts – What Types of Contributions Can Be Characterized as Roths? Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
Compliance | July 1st, 2019 GASB Proposes Financial Reporting Changes for Government 457 Plans An Exposure Draft proposes that if a Section 457 plan meets the definition of a pension plan in Government Accounting...
Products | May 14th, 2019 ERISApedia Introduces 457 Plan eSource “This title lays out the benefits of 457(b) plans and their pitfalls, and provides a convenient tool to research questions...
Ask the Experts | November 6th, 2018 (b)lines Ask the Experts –Limits When Contributing to Both For-Profit and Nonprofit Retirement Plans “What are the combined limits for someone whose employer has both a nonprofit and affiliated for-profit organization, where the individual...
Administration | May 30th, 2018 Penn State Announces New Retirement Program Fee Practices The plan to adopt a fee-leveling approach and rebate revenue sharing to participants comes as many institutions of higher learning...
Ask the Experts | November 28th, 2017 Problem With Compensation Definition in 403(b) Prototype Plan “We are a private tax-exempt organization that currently uses a recordkeeper-provided document for its 403(b) plan. The document consists of...