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Employees and employers need to make sure their 401(k), 403(b) and 457 plan assets are in the right allocations for where they are in life, and that means revisiting those allocations on a regular basis.
The Internal Revenue Service and the Treasury Department have issued guidance aimed at making it easier for taxpayers to be automatically enrolled in retirement plans such as 401(k) and 403(b) plans by their employers, simplifying the correction methods if errors are made.
As 403(b) plans look more like 401(k)s, plan sponsors are turning to advisers to help with plan design and administration.
Commentary: Three reasons Individual contracts are incompatible with ERISA plans and how to handle it, according to The Principals Aaron Friedman.
The SPARK Institute has scheduled a webcast, "403(b) Information Sharing: Common Remitter Issues," for Friday, Dec. 19 at 12 p.m. EST. The event will include a presentation and Q&A session with experts who developed the common remitter aspects of the organization's 403(b) Plans Information Sharing…