403(b) Curriculum Library


Showing entries from 2013.

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24

Oct 2013

IRS Probing Non-Qualified 457(b) Plans

Just when you thought the IRS might be taking a breather, what with government furloughs and all, you receive a letter from the IRS asking questions about your 457(b) plan. You may regard that plan as a blip on your radar screen of total retirement plan assets, only recognizable since members of sen…

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27

Jun 2013

An IRS Audit Roadmap: Report of the College and University Compliance Project

On May 2, 2013, the IRS's Exempt Organizations division released its greatly anticipated Colleges and Universities Compliance Project Final Report. As one of two IRS divisions that audits colleges and universities (the other, Employee Plans, focuses on benefit plans), Exempt Organizations provided s…

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30

May 2013

Plan Design Optimization

Over the years, defined contribution plan sponsors have collectively put in tremendous energy and resources to advance participants' retirement readiness. These efforts often encompass a significant educational program, aimed at improving participation rates, deferral rates, and asset allocation.Thi…

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30

May 2013

Fees: 3 Steps Every Plan Sponsor Should Take

Everywhere that plan sponsors turned over the past 18 months, they heard talk of fee disclosure. Since July 1, 2012, covered service providers have been required to comply with ERISA section 408(b)(2), by providing details of the compensation received both directly and indirectly for the services th…

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26

Apr 2013

A Better Methodology for Monitoring Target Date Funds

EXECUTIVE SUMMARY Today's target date funds (TDFs) hold over $582 billion, 1 and that amount is expected to grow significantly over the next several years. Given the concentration of defined contribution plan assets they hold, TDFs are one of the most significant asset classes in retirement plan…

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27

Mar 2013

Rising Interest Rates Could Spell Trouble for Bond Funds

Interest rates have continued to fall since the start of the financial crisis in 2008, with the yield on the 10-year Treasury declining from around 4% to an all-time low of just 1.5% last summer. The Federal Reserve's ultra-accommodative monetary policies and their concerted efforts to drive yiel…

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27

Mar 2013

Is Fee Levelization Right for your Plan?

In the past, the average retirement plan participant may have thought that their 401(k) plans were free, but now that the fee disclosure regulations have taken effect, participants are made aware of the exact costs of investment management and administrative services on their quarterly statement. Re…

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27

Mar 2013

Forfeiting Missing Participant Balances

Question:We have had difficulty locating participants in our 403(b) plan who have not kept their addresses up to date with us. Can we forfeit the account balances of participants who cannot be located?Answer:Though not a common feature of retirement plans, we have come across plans that contain lang…

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