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Plan sponsors are changing key governance practices to improve 403(b) plan performance and outcomes for employees, according to new findings from the latest Plan Sponsor Council of America (PSCA) survey report. Sponsored by Principal Financial Group®, the report highlights that changes are largely in response to litigation surrounding plans, the...
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Organizations that sponsor 403(b) plans are accelerating adoption of plan automatic features to improve plan design and participant outcomes, according to the 2018 403(b) Plan Survey from the Plan Sponsor Council of America (PSCA). The report, sponsored by Principal Financial Group®, also confirms more organizations are working with advisors....
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An industry-leading benchmark study of non-qualified deferred compensation plans finds that such plans continue to provide a competitive edge in attracting and retaining key employees – an edge that could be sharpened by tax reform.
That was among the key findings of the Plan Sponsor Council of America’s (PSCA), 2018 Non-Qualified Deferred...
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The Plan Sponsor Council of America (PSCA), a part of the American Retirement Association (ARA), has submitted written recommendations for guidance on missing participants to several agencies including the Department of Labor (DOL), the U.S. Department of the Treasury, and Internal Revenue Service (IRS). PSCA provided this guidance in response to...
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Jack Towarnicky, PSCA Executive Director, will testify before the ERISA Advisory Council of the Employee Benefit Security Administration at the Department of Labor on June 19, 2018 at 10:00 a.m. Towarnicky will focus his comments on plan sponsor needs and concerns with respect to retirement income. The 2018 ERISA Advisory Council’s topic is...
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The Plan Sponsor Council of America (PSCA), a part of the American Retirement Association (ARA), today presented its second annual volunteer service awards, sponsored by Charles Schwab, at the lunch and raffle at its the 71st Annual National Conference.
“Throughout the last year and more, these four individuals have contributed above and beyond...
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The Plan Sponsor Council of America (PSCA), part of the American Retirement Association (ARA), this evening announced the winners of its 2018 Signature Awards at a special presentation leading up to its 71st Annual National Conference, running May 1-2 in Scottsdale, Arizona. In addition, Cindy Hounsell, President of the Women’s Institute For A...
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Cindy Hounsell, President of the Women’s Institute For A Secure Retirement (WISER), will receive the Plan Sponsor Council of America’s prestigious Lifetime Achievement Award at the 71st Annual National Conference to be held May 1-2, 2018 at the Scottsdale Resort at McCormick Ranch in Scottsdale, Arizona.
Said her nominator Annette Grabow,...
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Plans with an automatic enrollment feature nearly doubled over the past decade according to the Plan Sponsor Council of America’s (PSCA) 60th Annual Survey of Profit Sharing and 401(k) Plans. PSCA, part of the American Retirement Association, found 59.7 percent of plans have an automatic enrollment feature in 2016 compared to 35.6 percent in 2007...
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Roth availability doubled in the last decade according to the Plan Sponsor Council of America’s (PSCA) 60th Annual Survey of Profit Sharing and 401(k) Plans. PSCA, part of the American Retirement Association, found Roth was offered in 63.1 percent of plans in 2016 compared to 30.3 percent in 2007. The Survey found that 7.2 percent of plans added...
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