Loren D. Stark Company
Randall & Hurley, Inc.
EPIC Retirement Plan Services
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|Seeking Guidance: Sponsors of 403(b)s Navigate Plan Nuances|
PLANSPONSOR; free registration may be required
Aug. 24, 2015
"[M]any 403(b) plan sponsors have tried to freeze flows to their legacy annuity providers and designate just one or two providers moving forward. If the plan sponsor hopes to map legacy 403(b) assets into a new lineup of mutual funds, the process can be especially challenging, as that move has to be directed by the participant. Participants invested in these assets often have full discretion over their money, meaning that plan sponsors cannot force them to move their funds."
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|