ERISA Legality Claims Need Not Be Administratively Exhausted
An appellate court found 403(b) plan participants were questioning the legality of a plan amendment, which it said is for...
Tag: 403b
(b)lines Ask the Experts – Can Church 401(k) Plans Be Merged With 403(b) Plans?
“I read your Ask the Experts column regarding 403(a) plan mergers and you made brief mention of the fact that...
(b)lines Ask the Experts – Can Churches Sponsor 457 Plans?
“I recently started working with a religious entity that sponsors a 457(b) plan. I thought that churches couldn’t sponsor 457(b)...
ERISA Prohibited Transaction Challenge Against TIAA Dismissed
Based on the facts alleged in an amended complaint, the court “concludes that TIAA is not a fiduciary of the...
Connecticut Bill Targets 403(b) Provider Conflicts
A new bill is aimed at implementing a state-based rulemaking process that will require any person who enters into a...
(b)lines Ask the Experts – What If the Last Day of the Plan Year Falls on a...
“We are a 501(c)(3) organization that encountered a year-end retirement plan issue that is new to us; hopefully it is...
(b)lines Ask the Experts – Rolling from a 403(b) Plan to a 401(a) Plan
“We are a large controlled group with some entities eligible to sponsor a 403(b) plan, and some not.
Opinions |
Keeping All Options Available for Higher Education Retirees
Choice and annuities are critical components of retirement plans for higher education employees, argues Larry Edward Penley, Ph.D., president of...
(b)lines Ask the Experts – What Is ‘Includible Compensation’?
“I noticed in a recent Ask the Experts column you mentioned a special ‘includible compensation’ definition that was unique to...
(b)lines Ask the Experts – Payroll Versus ACH Deductions for Loan Repayments
“Do the Experts have a preference between payroll deduction or automatic checking account deductions (ACH) for loan repayments?”
TIAA Faces Suit Over 403(b) Plan Participant Loans
Participants' loans were paid from TIAA's general account and the firm kept some of the interest participants paid, which the...
(b)lines Ask the Experts – 3401(a) Definition of Compensation
“Our recordkeeper-provided documents for our 403(b) plan states that we should be using a ‘3401(a)’ definition of compensation.
IRS Releases Updated Form 990-EZ for Tax-Exempts
Tax-exempt entities that do not fill out the form could lose qualified status to sponsor 403(b) plans.
Agencies File Brief in Support of Church Plans
In a brief filed in the U.S. Supreme Court, several federal agencies argue that their longstanding interpretation of the definition...
Investment Fees Should be a Focus for Not-for-Profit Health Care Organizations
Mercer suggests 10 areas for investment considerations for not-for-profit health care organizations.
(b)lines Ask the Experts – Form 5500 Filings With Change in Plan Year
“Our hospital sponsors a large Employee Retirement Income Security Act (ERISA) 403(b) plan.
IRS Announces Last Day of Remedial Amendment Period for 403(b)s
When the agency established a pre-approved plan program for 403(b)s, it allowed for a remedial amendment period to retroactively correct...
403(b)s No Strangers to In-Plan Income Products
According to the 2016 PLANSPONSOR Defined Contribution (DC) survey, 27.2% of 403(b) plans offer in-plan income products that guarantee monthly...
(b)lines Ask the Experts – Rolling Over from One Plan to Another Within a Controlled Group
“I work for a large health care organization that encompasses several subsidiaries that counsel has determined are part of the...
403(b) Plan Fees Mostly In Line With Other DC Plan Fees
Data from the PLANSPONSOR DC Survey indicates there were only slightly more 403(b) plans with investment expense ratios in the...