ICMA-RC is pleased to announce that the Vantagepoint PLUS Fund has been chosen as the capital preservation option for the new 457(b) plan sponsored by the Teachers’ Retirement System (TRS) of the State of Illinois.
The ICMA-RC Public Employee Memorial Scholarship Board of Directors is pleased to announce it has awarded nearly $60,000 in post-secondary educational scholarships to the 38 recipients listed below for the 2020-2021 academic year.
On October 27, 2020, the House Ways and Means Committee Chair Richard Neal (D, MA) and Ranking Member Kevin Brady (R, TX) introduced the “Secure a Strong Retirement Act of 2020,” which has also been called “SECURE 2.0.”
ICMA-RC continues to provide participants and plan sponsors with new and innovative tools and resources to help them successfully navigate their retirement journeys.
With almost 50 years of providing exceptional plan administration, investments, and financial guidance, ICMA-RC's new strategic partnership allows us to offer numerous benefits for community-focused employers and employees.
ICMA-RC announced that it has enhanced its Guided Pathways Services program by expanding its financial planning and consultation services to better meet the needs of more working and retired participants.
On June 23, 2020, the Internal Revenue Service (IRS) released Notice 2020-51, which provides guidance on the Coronavirus Aid, Relief, and Economic Security (CARES) Act’s waiver of required minimum distributions (RMD).
On June 19, 2020, the Internal Revenue Service (IRS) released Notice 2020-50, which provides guidance on the Coronavirus Aid, Relief, and Economic Security (CARES) Act’s retirement plan distribution and loan relief provisions.
On June 3, 2020, the Internal Revenue Service (IRS) released Notice 2020-42 which provides 2020 relief for what is known as the “physical presence” requirement for spousal consent.
ICMA-RC, and one of its clients, have been recognized by three prestigious organizations for initiatives to help public sector employees build retirement security.