Technical Competence

Technical Competence covers the nuts and bolts of the 403(b) plan market, focusing on regulations at both the state and federal level, along with developments in public-employee plan management.


 

Technical Competence

Technical Competence

By NTSA Net Staff3/13/2015 • 0 Comments

Eight Republican senators have expressed their concerns about the potential negative consequences for American workers if the Labor Department’s fiduciary reproposal hasn’t changed significantly from the 2010 version.
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By John Iekel3/12/2015 • 0 Comments

The IRS announced on March 11 that it for the first time in two years it has updated the information package containing sample plan provisions concerning pre-approved 403(b) plans. READ MORE

By John Iekel3/12/2015 • 0 Comments

Most states are making a good faith effort to meet their annual required contributions to their state pension systems, concludes the National Association of State Retirement in a recent study.
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By NTSA Net Staff3/12/2015 • 0 Comments

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. READ MORE

By NTSA Net Staff3/12/2015 • 0 Comments

In this week’s Tech Talk, Ellie Lowder tells us whether a former government employee needs a recurring contribution in order to fall under the Code Section 401(a) special pay provision. READ MORE

By John Iekel3/11/2015 • 0 Comments

Michigan’s state employee retirement plan could be paying out a sizable chunk more in benefits four years from now. READ MORE

By NTSA Net Staff3/9/2015 • 0 Comments

The formal roll out of the fiduciary regs appears to be imminent; in this week’s MarketBeat, Nevin Adams discusses a letter from two U.S. House members who seek details.
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By John Iekel3/9/2015 • 0 Comments

Identical bills before both chambers of the Iowa legislature would end state taxation of pensions and other forms of retirement income — but only through 2020.
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By NTSA Net Staff3/6/2015 • 0 Comments

The Indiana Senate is considering House-passed legislation that would allow Hoosier State public sector employers, and their employees, to participate in a public employees’ defined contribution plan. READ MORE

By John Iekel3/5/2015 • 0 Comments

The New Jersey Pension and Health Benefits Study Commission has issued its findings and proposals for how the Garden State can address its seemingly intractable state pension funding problems. READ MORE

By John Iekel3/5/2015 • 0 Comments

Legislation before the California Assembly would enhance information provided to participants in the California State Teachers’ Retirement System. READ MORE

By NTSA Net Staff3/5/2015 • 0 Comments

The IRS on March 4 announced that it has revised publications concerning aspects of IRA administration and taxation of IRAs. READ MORE

By Andrew Remo3/3/2015 • 0 Comments

Legislation that would require Maryland employers to adopt payroll deduction savings plans for their employees got a full bicameral at a Feb. 25 hearing in the Maryland General Assembly.
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By NTSA Net Staff3/3/2015 • 0 Comments

Public pension plans had a good month in February, according to BNY Mellon Investment and Strategy Group. READ MORE

By NTSA Net Staff3/3/2015 • 0 Comments

In this week’s MarketBeat, Robert Toth argues that addressing some of the more intractable daily 403(b) problems requires dealing with “small amounts” in former employees’ 403(b) annuity contracts.
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By NTSA Net Staff3/2/2015 • 0 Comments

The IRS on Feb. 26 said in Revenue Procedure 2015-22 that it has updated user fees and the addresses to which applications for approval of pre-approved 403(b) plans are to be sent. READ MORE

By NTSA Net Staff3/2/2015 • 0 Comments

In this week’s Tech Talk, Ellie Lowder tells us whether 403(b) pay deferrals to a former employee can be taken from the compensation he or she receives for unused leave.
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By NTSA Net Staff2/26/2015 • 0 Comments

The recent White House budget proposal sets aside $6.5 million in funding for the Department of Labor, along with waiver authority, to support state efforts to implement state-based automatic enrollment IRAs or 401(k)-type programs.
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By NTSA Net Staff2/26/2015 • 0 Comments

New Jersey Gov. Chris Christie (R) announced a plan to restructure the state pension system just one day after a New Jersey judge declared his plan to cut the state’s contributions to its pension system unconstitutional.
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By Andrew Remo2/26/2015 • 0 Comments

Add Washington to the list of states that are considering legislation affecting the marketplace for private retirement plan products. READ MORE

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