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Benefits Counselor – August 2023 - Employee Benefits & Compensation

On July 25, 2023, the U.S. Department of Health and Human Services (HHS), U.S. Department of Labor (DOL) and the U.S. Department of the Treasury (Treasury) (collectively. ....

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Nuveen Lifecycle Income Series for Defined Contribution Plans Provides Income for Life

Nuveen Lifecycle Income Series for Defined Contribution Plans Provides Income for Life
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Qualified Plans Provide For More Than Retirement Benefits—Introducing

Tax-favored retirement plans (qualified plans) have historically been designed to provide savings for retirement, and therefore have been focused on increasing savings and restricting withdrawals. ....

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More Relief from RMD Rules in 2023 | Kilpatrick Townsend & Stockton LLP

The IRS provided more transitional relief in Notice 2023-54 (“2023 Notice”) for certain required minimum distributions (“RMDs”). The 2023 Notice extends the transitional relief that. ....

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Robust Retirement Tiers Can Help Keep Participants In-Plan

Plan sponsors who want to continue serving their retirees need to give them a reason to stay. ....

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