This station houses posts about innovations in plan design taking place in the 403(b) marketplace, including thought leadership, research and more.
In Tech Talk, Ellie Lowder tells us what the consequences would be if a school district proceeds with its plan to use a contract that would give the superintendent a choice of medical insurance OR an employer contribution to the 403(b) plan.
In MarketBeat, Richard H. Ford offers a discussion of the origin and growth of charter schools and how retirement plans are handled for their employees.
In MarketBeat, Michael Webb discusses five basic features of public university plans for those who may be unfamiliar with this important segment of the nonprofit retirement plan marketplace.
We may be getting a better understanding of when an employer-sponsored plan is considered to be a governmental plan if the employer is a charter school, based on Notice 2015-07. In this week’s MarketBeat, Linda Segal Blinn explains what this guidance means and the impact it could have.
In this week’s MarketBeat, Michael Webb provides an overview regarding the sections of the federal tax code apply to governmental plan sponsors, public school districts and public higher education organizations.
Suppose an employer provides 100% vesting in its 403(b) plan. There is a 60-day wait for the employer match (100%, up to 4%), and an employee needs to work 20 hours per week to qualify for the match. The employer has no highly compensated employees. What type of plan setup could the employer pursue, and what are the possible ramifications at Form 5500 filing time?
Forty-two states and the District of Columbia allow charter schools. They tend to treat their benefits packages in the same way as a typical for-profit employer and not in the way a traditional K-12 school does. In MarketBeat, Diane D. Capone of Lincoln Investment writes that it is important to know who is working with charter schools in your area and to develop a relationship, including one with third party administrators, that will facilitate a 403(b) retirement plan and allow you to help in properly establishing and running a charter school’s retirement plan.
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