Stay updated with breaking news from 03b Plans. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A federal district court judge in the Eastern District of Kentucky has enforced an ESOP's arbitration clause, sending P.L. Marketing Inc. employees' breach of fiduciary duty claims...
A recent Ninth Circuit decision has generated considerable controversy amongst employee benefits practitioners by holding that plan fiduciaries engaged in prohibited transactions...
Unlike 401k plans, 403b plans with custodial accounts have not been able to maintain CITs or unregistered insurance company separate accounts, both of which can be more cost-efficient investment options than comparable mutual funds.
Department of Labor, Internal Revenue Service, Pension Benefit Guaranty Corporation issued final rules on employee benefit plan annual reporting requirements effective for plan years beginning on after January 1, 2023. New rules make revisions to Form 5500 and Form 5500-SF.
On remand from the U.S. Supreme Court, the Seventh Circuit issued its opinion in Hughes v. Northwestern University, concluding that participants in two Northwestern 403(b) plans...