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- Using a Section 115 Trust to Help Manage Pension Obligations 4k views | posted on September 13, 2017
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- Chapter 13: Some Things Are Worth Repeating – Beware of PTO Cash-Outs! 1.6k views | posted on April 22, 2014
- Chapter 31: Is Your Comp Time Immediately Taxable? 1.6k views | posted on November 17, 2016
- Chapter 28: Why Cashing Out PTO Next Year Doesn’t Work 1.5k views | posted on August 15, 2016
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Tag Archives: governmental plans
Does Your Agency’s Plan Have Dormant Accounts That Should Be Paid Out?
By Jeff Chang Quite often, a review of the participant status within an agency’s 401(a) and 457(b) plans will reveal that the plans have a large number of dormant accounts – accounts relating to previously terminated, deceased, or divorced employees … Continue reading
Take a Closer Look at Your 401(a) and 457(b) Plans When You Change Providers
By Jeff Chang Previously, we have discussed a number of the do’s and don’ts of switching plan providers, such as investment advisors and recordkeepers. This post focuses on why plan sponsors, plan administrators and plan recordkeepers all should take greater … Continue reading
Is Your 457(b) or 401(a) Plan Fee Allocation Fair and Reasonable?
By Jeff Chang Investment fiduciaries and plan administrators of California public sector 457(b) and 401(a) plans are required by law to act as “prudent experts” for the sole and exclusive purpose of providing benefits and defraying “reasonable expenses” of administering … Continue reading
Posted in 401(a), 457(b) Plans, Fiduciary Duties, Investments, Plan Administration, record-keeping
Tagged fee allocation, governmental plans, revenue sharing, stable value fund
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Is Your Social Security Replacement Plan Up to Snuff?
By Jeff Chang As we previously explained, most public agencies are not automatically subject to Social Security. They have a choice between voluntarily participating in Social Security pursuant to a section 218 agreement, or they can exempt some or all … Continue reading
Posted in 401(a), 457(b) Plans, Plan Administration, record-keeping, Social Security
Tagged CalPERS, governmental plans, replacement plan, section 218
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The “Mechanics” of Combining Your Agency’s Multiple 457(b) Plans
By Jeff Chang Many public agencies have come to sponsor and maintain multiple 457(b) plans, which can unnecessarily increase the compliance burden as well the fees paid by participants. Although the human resource and finance managers who typically oversee these … Continue reading
Posted in 457(b) Plans, Investments, Plan Administration, record-keeping
Tagged governmental plans, multiple 457(b) plans, plan fees, recordkeeper consolidation
Comments Off on The “Mechanics” of Combining Your Agency’s Multiple 457(b) Plans