by Jeff Chang | Apr 4, 2022 | 457(b) Plans, Plan Administration, Record-keeping
Although many people think that governmental section 457(b) plans and private sector 401(k) plans are the same – because they both allow pre-tax deferrals of similar amounts of income – they are not the same. Due to their differing origins, their rules and...
by Jeff Chang | Mar 15, 2022 | 401(a), Governmental Benefits, Plan Administration, Record-keeping
Sponsors of governmental retirement plans seem to be hiring, firing, or transitioning to new third-party administrators (TPAs) or recordkeepers all the time. The differing roles, duties and legal responsibilities of plan administrators, TPAs, and recordkeepers need to...
