Could give new options for those with 403-b retirement plans
Nonprofit employees with 403(b) retirement plans would be able to participate in collective investment trusts (CITs), if new federal legislation passes and is signed into law. A CIT is a tax-exempt investment vehicle that is ...
The Associate Reformed Presbyterian Church, a small denomination of about 264 churches, narrowly averted a crisis last year when it raided every fund it could find to cover an $8.5 million shortfall in its retirement ...