Author Archives: Jeff Chang

Public Agency Early Termination Incentive Programs Are Subject to Special Tax Rules

By Jeff Chang With the looming specter of COVID-related budget shortfalls, many cities and special districts are thinking about early termination incentives as a way to reduce payroll costs. If your city or public agency is considering the use of … Continue reading

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The Duties and Responsibilities of a 457(b) or 401(a) Plan Administrator

By Jeff Chang A surprisingly large number of public employees accept appointment as the plan administrator, or a member of the administrative committee, for their agency’s 457(b) or 401(a) plan. An explanation of the typical duties and responsibilities of a … Continue reading

Posted in 401(a), 457(b) Plans, Administrative Committee, Investments, Plan Administration, Plan Administrator, record-keeping | Tagged | Comments Off on The Duties and Responsibilities of a 457(b) or 401(a) Plan Administrator