The universities offer a 401(a) and a 403(b) plan, and we refer to the 401(a) as the optional retirement plan because it's optional to our PERS pension plan...
Is our retirement safe from a hack? With cybersecurity and corporate hacking constantly making the news, how can plan sponsors and providers effectively protect participants’ retirement savings from this additional threat on top of all the other risks? What should the plan sponsors be watching out for and what additional precautions can be taken?
When defining a retirement program that is centered on a DC component, some plan sponsors and participants desire, and often can, choose from countless shapes and flavors of plan designs...
We spoke with Boyd Bender, Vice President of Retirement and Investment Services at WEA Member Benefits, which represents Wisconsin public school employees, on his organization and thoughts on retirement income.