A new survey finds despite complexities and confusion, 403(b) plan sponsors are in the final stages of complying with sweeping regulatory changes from the Department of Labor.
The survey from the Profit Sharing/401k Council of America (PSCA) and sponsored by the Principal Financial Group, shows these sponsors are also adapting to participant needs and coping with volatile markets.
In 2009, the Department of Labor issued new regulations that impose standards for 403(b) plans that mimic those of 401(k)s. [See New 403(b) regulations offer new opportunities]
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
