News and ViewsNews and Views
  • Decrease font size
  • Reset font size
  • Increase font size
  • Print this page

Plan Sponsor News

Washington, D.C. Selects ICMA-RC as Sole Recordkeeper for Its Retirement Plans

March 16, 2015

Washington, D.C. has selected ICMA-RC to be the exclusive provider of recordkeeping services for its 457 Deferred Compensation and 401(a) Defined Contribution Pension Plans.

ICMA-RC Promotes Long-Term Savings Behaviors through Financial Education

February 23, 2015

As part of America Saves Week, Feb. 23–Feb. 28, 2015, ICMA-RC is helping to educate public sector employees on the importance of maintaining long-term savings behaviors when planning for retirement. America Saves Week is an opportunity for employees to renew their focus on saving for retirement at a time when people often think about establishing goals — at the beginning of the year.

Vantagepoint Milestone Funds Celebrate 10-Year Anniversary

January 28, 2015

The Vantagepoint Milestone Funds have marked their 10th anniversary as registered target date mutual funds. Eight of the funds have built a decade-long track record, and each of the eight has outpaced the peer median of its Morningstar category for the 10-year period ended Dec. 31, 2014.

ICMA-RC Board of Directors Selects New President and CEO

January 6, 2015

VRS Director Robert Schultze Joins ICMA-RC on February 17, 2015.

ICMA-RC Memorial Scholarship Fund Accepting Applications for 2015-2016

December 8, 2014

Surviving Children, Spouses of Public Employees Encouraged to Apply for Higher Education Scholarships.

Non-Spouse Inherited IRAs Lose Bankruptcy Protection

October 31, 2014

The U.S. Supreme Court, on June 12, 2014, unanimously ruled in Clark v. Rameker that inherited Individual Retirement Accounts (IRAs) do not qualify as "retirement funds," but rather are considered to be "money that can be freely used for current consumption," and therefore are not exempt from a debtor's bankruptcy estate.

ICMA-RC Chief Investment Officer Selected as Finalist for "Industry Innovation Award"

October 30, 2014

ICMA-RC is pleased to announce that its Chief Investment Officer, Wayne Wicker, has been selected as a finalist for Chief Investment Officer's prestigious "Industry Innovation Award" in the Defined Contribution Plan category. According to CIO, "The award highlights the most innovative and positive work being done for, and at, the world's largest pensions, endowments, foundations, and sovereign wealth funds."

IRS Announces 2015 Retirement Plan Contribution Limits

October 23, 2014

On October 23, 2014, the IRS announced the various adjustments applicable to retirement plan contribution limits for 2015. The elective deferral limit for 457 and 401(k) plans increases to $18,000, and the annual additions limit for 401(a) plans increases to $53,000. Traditional and Roth IRA contributions limits are unchanged.

ICMA-RC Encourages Small Steps with National Pack-a-Sack Lunch Day

October 20, 2014

ICMA-RC is encouraging public employees to take small steps toward planning for retirement during National Save for Retirement Week, an effort to promote the importance of saving for retirement.

Regulatory Change Enables In-Plan "Longevity" Annuities

September 30, 2014

The Internal Revenue Service and Treasury Department in July 2014 amended Required Minimum Distribution (RMD) rules to permit the expanded use of "longevity" annuities in retirement plans. The use of longevity annuities, typically purchased at retirement with payments deferred until an individual reaches an advanced age (such as 85), is one approach to reduce the risk of outliving retirement plan savings.

Washington Perspective

Get news & insights into matters related to retirement planning.

Return to top