News from ICMA-RC
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- Vantagepoint Funds Earn High Marks
- ICMA-RC, posted October 26, 2007
- ICMA-RC’s VP of Education & Communication elected to serve on NAGDCA Industry Committee
- ICMA-RC, posted October 25, 2007
- Alex Hannah, ICMA-RC Vice President of Education & Communication, has been elected to serve on the Industry Committee of the National Association of Government Defined Contribution Administrators (NAGDCA).
- IRS Announces Pension Plan Limits for 2008 and Social Security Announces 2008 Wage Base
- ICMA-RC, posted October 19, 2007
- The standard contribution limit for 457 plans increase to $15,500 in 2007. To increase your personal contributions to take advantage of this new limit, please contact your employer and start saving more for retirement today.
- Kathryn B. McGrath Joins ICMA-RC as General Counsel
- ICMA-RC, posted October 3, 2007
- ICMA-RC announced today that Kathryn B. McGrath has joined as Senior Vice President and General Counsel. Ms. McGrath is nationally recognized as one of the country’s leading investment management attorneys. Since 2002, she has served as counsel to the Vantagepoint Funds, a mutual fund family sponsored by ICMA-RC, and as such has gained a deep understanding of ICMA-RC and its commitment and mission of building retirement security for public employees.
- National Save for Retirement Week Kicks Off Oct. 21
- ICMA-RC, posted Sept. 18, 2007
- National Save for Retirement Week kicks off Oct. 21-27 this year. For the second year, ICMA-RC will spearhead a national campaign effort to get employers and workers across the U.S. more actively involved in saving for their future.
- ICMA-RC Implements Pension Protection Act Provisions for Its Plan Sponsors
- ICMA-RC, posted Sept. 25, 2007
- ICMA-RC is now providing its plan sponsors with an easy-to-use Pension Protection Act Plan Election Guide that outlines the provisions of the PPA and summarizes the impact the provisions have on 457 and 401 plans.
- Second Bill on Mutual Fund Fee Disclosure Introduced in House of Representatives
- ICMA-RC, posted Sept. 17, 2007
- A second bill aimed at mutual fund fee disclosure rules has been introduced in the U.S. House of Representatives.
- ICMA-RC’s Web Site Among Top Five for DC Plan Participants and Sponsors in kasina Ranking
- ICMA-RC, posted August 10, 2007
- ICMA-RC’s Web site has been named among the top five Web sites for defined contribution plans participants by the financial services consulting firm kasina.
- Legislation Would Require More 401(k) Fee Disclosure
- ICMA-RC, posted August 3, 2007
- Rep. George Miller, D-CA, recently introduced legislation that would require service providers to annually disclose to 401(k) plan participants all fees charged to their accounts, and any potential conflicts of interest.
- Senate Approves National Save for Retirement Week Oct. 21-27, 2007
- ICMA-RC, posted July 12, 2007
- With passage of a Senate Resolution S. 240 on July 11, 2007, October 21-27, 2007 has been officially designated National Save for Retirement Week (NSFRW). Senators Kent Conrad (D-ND) and Gordon Smith (R-OR) co-sponsored the Senate resolution. The Senate’s action follows passage of H.R. 513 by the House of Representatives in June.
- Vantagepoint Milestone Funds “Age” Their Portfolios
- ICMA-RC, posted June 27, 2007
- Portfolios of the Vantagepoint Milestone funds are being aged to meet the funds objective to provide investors with appropriate risk levels and income earning levels during their retirement years. The portfolio for each Milestone Fund is developed to provide appropriate risk levels for investors with a target retirement date that is approximately equal to the date in the name of the fund. For example, the Milestone 2025 Fund may be appropriate for investors who plan to withdraw assets from their retirement accounts within two or three years of 2025.
- Vantagepoint Funds Among Top 25 Performing U.S. Diversified Equity Funds
- ICMA-RC, posted June 5, 2007
- Vantagepoint Funds ranked 13th among the top 25 fund groups in the latest Investment News rankings of performance among U.S diversified equity funds, with a gain of 10.03 percent over the preceding 12 months ending March 31, 2007.
- Treasury reverses on tax exclusions for self-funded plans
- ICMA-RC, posted May 24, 2007
- In an about-face, the Treasury Department says it now supports extending tax advantages to self-funded health, long-term care and accident plans. The switch comes as Congress makes technical corrections to the Pension Protection Act that will add the plans to the exclusion.
- Women’s Retirement Security Act of 2007 Reintroduced in Senate
- Washington Perspective, posted May 3, 2007
- Vantagepoint Equity Income Fund Listed under 10 Biggest Funds in Wall Street Journal
- Washington Perspective, posted May 1, 2007
- Roth 457 Plan Pulled From Spending Bill
- Washington Perspective, posted May 1, 2007
- ICMA-RC’s New Guided Pathways™ Provides Professional Advisory Services
- ICMA-RC, posted April 30, 2007
- Learn about the new professional services available through Guided Pathways™.
- 2007 Retirement Confidence Survey Now Available Online
- ICMA-RC, posted April 24, 2007
- The 2007 Retirement Confidence Survey, released by the Employee Benefit Research Institute is now available online. The survey is an annual, comprehensive study of American retirement and savings trends.
- Saver's Credit
- ICMA-RC, posted April 5, 2007
- Tax time is quickly coming to a close, but there is still time for participants to qualify for the Saver’s credit – a tax credit up to $1,000. Recently made permanent by the Pension Protection Act of 2006, the Saver’s Credit provides an extra incentive for workers with income less than $50,000 to save for retirement. For more information on this useful savings tool, please click here.
- ICMA-RC Supports National Employee Benefits Day
- ICMA-RC, posted April 2, 2007
- ICMA-RC endorses National Employee Benefits Day – April 2, 2007 – as a way to bring more awareness to the efforts of those responsible for employee benefits plans.
- Senate OK's Bill to Provide Roth 457 Plans to State, Local Government Workers
- ICMA-RC, posted March 30, 2007
- A provision that would create Roth 457 plans was approved as part of an Emergency Supplemental bill late yesterday. The provision would level the playing field for state and local government workers by permitting 457(b) plans to offer the designated Roth accounts already permitted in 401(k) and 403(b) plans.
- ICMA-RC Supports National Whistle Stop Tour to Promote Firefighter Safety
- ICMA-RC, posted March 27, 2007
- ICMA-RC is proud to sponsor the first, national, whistle-stop tour dedicated to promoting firefighter safety issues.
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