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403(b) Plans

22 item(s) · sort: newest first · title A–Z

Senate Asked by IRI to Pass 403(b) Investments Bill
PLANSPONSOR 2026-09-02 · issue № 45

The Insured Retirement Institute urged the Senate to take up the Retirement Fairness for Charities and Educational Institutions Act, which would give 403(b) plan participants access to collective investment trusts, an option long available to 401(k) plans at lower cost than comparable mutual funds.

Will 403(b) Plans Have to Allow for Saver's Match Contributions in 2027?
PLANSPONSOR 2026-09-01 · issue № 44

Groom Law Group and CAPTRUST experts answer the question. The Saver's Match is voluntary for 403(b) plans, not required. Eligible low- and moderate-income savers can receive a federal matching contribution of up to $1,000 for taxable years beginning after December 31, 2026, and plans that choose to accept the deposits will need amendments and new administrative procedures under Notice 2026-48.

Seventh Circuit Affirms Denial of Survivor Benefits Where Power of Attorney Lacked Express Authority to Waive Spousal Annuity Rights Under ERISA
Roberts Disability Law · In Havlik v. University of Chicago, No. 25-2821, 2026-07-21 · issue № 14

F.4th —-, 2026 WL 2084784 (7th Cir. July 20, 2026), a suit for ERISA benefits, the Seventh Circuit affirmed summary judgment for the University of Chicago, its two Section 403(b) retirement plans, and TIAA, the plans’ recordkeeper, holding that a power of attorney lacking express authority to waive spousal annuity rights could not effect the change.

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