A nyone concerned about fees in retirement plans should be delighted that the use of collective investment trusts (CITs) that ...
Recent legislation has been introduced that would allow 403(b) plans to invest in collective investment trusts (CITs). This would provide low-cost options to plans that have been riddled with high ...
Most people saving for retirement have never heard of collective investment trusts (CITs), even though they may hold them in ...
CITS joined The Alliance to start the Alliance Wellness Clinic serving refugees, survivors of torture and under-served population in 2017. CITS works closely with all other resettlement agencies ...
There is good news and bad in the most recent Plan Sponsor Council of America’s (PSCA) reporting of 403(b) stats.
The CIT trust company and two law firms argue against consumer groups seeking to halt a bill that would let 403(b) plans ...
The American Retirement Association has begun a publicity and lobbying campaign asking senators to approve, before Congress ...
There’s a push by Congress to pass a bill to allow CITs – tax-exempt, pooled investment vehicles similar to mutual funds – in ...
The 403 (b)/CIT issue is part of the unfinished business left over from the enactment of the SECURE 2.0 Act of 2022, which sought to allow their use, but there was disagreement in the House Financial ...