(b)lines Ask the Experts – Can States Sponsor 403(b)s and 401(k)s?
“I realize that a state may sponsor a 457(b) plan, and such plans appear to be quite common.
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(b)lines Ask the Experts – Tips for Correctly Calculating 15-Year Catch-Up
“We have a ton of individuals utilizing the 15-year catch-up election in our 403(b) plan, and for that and...
(b)lines Ask the Experts – How Does the DOL Fiduciary Rule Impact 403(b)s?
“I have received dozens of emails in my Inbox regarding the Department of Labor’s (DOL’s) final fiduciary rule.
(b)lines Ask the Experts – LLC Subsidiary Participation in 403(b)
“May the employees of the wholly owned LLC subsidiary of a 501(c)(3) corporation participate in the 501(c)(3) corporation’s 403(b) plan?”
(b)lines Ask the Experts – Why Sponsor So Many Retirement Plans?
“I just started to work for a mid-sized health care organization, and it turns out that they have 10 different plans with 10 different plan documents!
(b)lines Ask the Experts – After-Tax Rollover Strategy
“I have read a number of articles lately promoting the benefits of making after-tax contributions to a retirement plan and rolling such contributions over to a Roth IRA...
(b)lines Ask the Experts – What Is a Prohibited Transaction?
“I work in the benefits office of a large museum. Our recordkeeper mentions on a fairly frequent basis that they are attempting to avoid ‘prohibited transactions.’ What is...
(b)lines Ask the Experts – Correction for Excluding Union Employees
“My new employer was under the erroneous impression that the right to make elective deferrals to a 403(b) was a benefit that could be collectively bargained,and has been...
(b)lines Ask the Experts – What Is a Settlor Expense?
“We recently submitted an expense to our recordkeeper for reimbursement from plan assets for the retirement plan that we sponsor.
(b)lines Ask the Experts – Forcing First-Time RMDs
“Can I force required minimum distributions for nonresponsive participants by the required beginning date for such distributions?
(b)lines Ask the Experts – Failing to Start Mandatory Contributions
“We are a governmental entity with a '401(a) governmental defined contribution plan,'—it is not a 401(k) plan.
(b)lines Ask the Experts – Moving to Limit Loans
“Our plan currently allows for unlimited loans from a participant’s entire account balance.
(b)lines Ask the Experts – Calculating 15-Year Catch-Up Elections
“I am attempting to calculate the 15-year catch-up election for a participant in our 403(b) plan.
(b)lines Ask the Experts – 300 and Counting!
Recently, Ask the Experts passed a notable milestone, as the 300th Q&A was published.
(b)lines Ask the Experts – Issues with Recordkeeper Transitions
“We are changing recordkeepers for our Employee Retirement Income Security Act (ERISA) 403(b) plan and have been informed that there will be a ‘blackout’ period where the participants...
(b)lines Ask the Experts – What’s in Year-End Legislation for 403(b)s?
“Will any of the 2015 year-end legislation that was passed have an effect on my retirement plan?”
(b)lines Ask the Experts – Is the Form 5500 Extension Deadline Extended?
“I heard that there was an additional month added to the extended deadline for Form 5500 filings, so that calendar year returns are now due November 15th instead...
(b)lines Ask the Experts – Can SPDs Be Provided for Church Plans?
“I recently commenced employment at a church plan sponsor, and noticed that a Summary Plan Description (SPD) is not...
(b)lines Ask the Experts – Are 403(b) Accounts Insured?
“Are 403(b) accounts insured in a manner similar to checking and savings accounts? Or is there some other type of insurance?”
(b)lines Ask the Experts – Correction for Mandatory Contribution Failures
“Our 403(b) plan has an employee mandatory contribution feature that is a condition of employment.