It had to happen. For over 40 years, the IRS had looked the other way when it came to public sector and not-for-profit 403(b) plans. True, it had promulgated regulations but then assumed that 403(b) plan sponsors were actually...
Read MoreAs a way to better manage the cost of administering a plan, employers frequently ask about the options for allocating plan expenses to participants. These discussions may focus on several related issues including whether...
Read MoreMost analyses of the tax benefits of Roth contributions compare the results of a tax-deferred contribution to a plan versus the contribution of the same amount as a Roth contribution, less the tax payment required on the...
Read MoreA new study from benefits consulting firm Hewitt Associates contains very bad news for 401(k) participants. The study reviewed the account balances and deferral rates of 1.8 million employees at 72 large companies. It factored...
Read MoreIs your plan’s third party administrator (TPA) outsourcing any of your plan administration services to India? You may never know the answer to this question unless you ask. You just may want to do that based on recent...
Read More