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Today, many non-profit employees rely on 403(b) plans for their retirement savings. ERISA 403(b) plans cover more than 9.9 million people with over $600 billion in assets.
Many educators and non-profit employees are covered by 403(b) plans, ... In the world of obscure IRS tax code references, 401(k) retirement plans get most of the attention, ...
A 403(b) retirement plan can be a boost for employees of non-profit organizations and public schools. That's because it can help you save for retirement with tax advantages, such as tax-deferred ...
A 403(b) is a retirement savings plan frequently used by educators or non-profit employees. It's similar to a 401(k) but with some key differences.
A non-profit plan sponsor contracting with a for-profit provider might be tempted to think of the plan as a revenue source for its other activities by seeking a share of management fees, with the ...
Commentary: The answers can help determine where an organization needs the most help with its retirement plan, and financial professionals are well positioned to help sort through the complexity.
In 2021, a federal judge dismissed a case against Catholic Health Initiatives and their $3.2 billion 401(k) plan that argued that using Fidelity’s actively managed target date funds instead of ...
The non-profit sector has not faced the oversight that the private employer sector has experienced, he adds. Since there have been many 401(k) suits in the private sector, employers there have learned ...
A 457 plan is a tax-advantaged retirement savings plan primarily used by employees of state and local governments, as well as certain non-profit organizations.
If you work for the federal government, in retirement the Basic Benefit Plan, TSP, ... Similarly, working for a non-profit, in retirement you may have a pension, a 403(b) ...
Ten member companies have purchased SPARK and its lobbying wing, the SPARK Institute, transforming the retirement plan trade association into a non-profit. SPARK and the SPARK Institute, two ...
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