I have finally been putting together the pieces on how all of these new DOL transparency rules will affect 403(b) plans. It is, in many ways, surprising. I’m not quite sure its even possible for many 403(b) plans to actually comply with key elements of the new rules, but at east we have some time
November 2010
The REAL Problem With the New 12b-1 Rule: SEC’s Treatment of 401(k) Participants as 403(b) Participants
By Robert Toth on
Posted in General Comment
Much has been written about the SEC’s proposed changes to the mutual fund 12b-1 rules. The proposed rules have caused quite a stir in the retirement plan world, as so much of the costs of plan administration and distribution are funded by these arrangements.
What is being overlooked, however, is a much more disturbing
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