News and Updates,Custom

News and Updates

New Report Highlights Financial Challenges for Women in Public Sector Jobs

September 30, 2024

Gender Wage Gap, Student Loan Debt, and Caregiving Demands Impact Financial Wellbeing

IRS Request for Information on SECURE 2.0 Act Saver’s Match

September 25, 2024

The U.S. Treasury Department and Internal Revenue Service (IRS) have issued a request for information (RFI) on implementing the Saver’s Match provision of the SECURE 2.0 Act, which, beginning in 2027, will convert the existing Saver’s Credit into a refundable tax credit payable as a contribution of up to $1,000 deposited into an eligible individual’s designed retirement savings vehicle.

Treasury, IRS Guidance Provides Additional Clarity on SECURE 2.0 Student Loan Matching Contributions Provisions

September 24, 2024

The U.S. Department of the Treasury and Internal Revenue Service published Notice 2024-63, providing question-and-answer guidance on the provisions of SECURE 2.0 allowing employers to make matching contributions on student loan payments by employees.

MissionSquare Retirement Memorial Scholarship Fund Awards $100,000 to Families of Fallen Public Sector Heroes

September 9, 2024

MissionSquare Retirement Memorial Scholarship Fund has awarded over $100,000 in scholarships to 51 surviving children and spouses of public sector employees who died in the line of duty.

IRS Releases Finalized RMD Rules

July 31, 2024

Treasury and the IRS have finalized regulations on RMDs from qualified plans and IRAs, incorporating changes from the SECURE Act and SECURE 2.0.

MissionSquare Retirement Appoints Andre Robinson as Chief Executive Officer & President

July 30, 2024

MissionSquare Retirement today announced that its Board of Directors has appointed Andre Robinson as Chief Executive Officer and President effective September 3, 2024.

Guidance Issued for SECURE 2.0’s New Exceptions to the 10% Early Withdrawal Penalties

July 29, 2024

The IRS issued Notice 2024-55, providing guidance on the implementation of two new exceptions to the 10% early withdrawal penalties under IRC § 72. Sections 115 and 314 of the SECURE 2.0 Act of 2022 created emergency personal expense distributions and domestic abuse victim distributions, respectively.

Recruitment Challenges Easing for State and Local Governments, New Report Finds

July 23, 2024

After years of unprecedented workforce shortages, state and local governments are finally experiencing some relief in recruitment challenges.

A Joint Mission to Inspire Our Future Leaders

June 25, 2024

The MissionSquare Foundation is focused on strengthening communities by supporting the long-term wellbeing of youth. A core component of the Foundation’s efforts includes cultivating civic-mindedness, critical thinking, and leadership skills in future leaders.

YMCA of the USA Expands Partnership with MissionSquare Foundation to Strengthen Youth Civic Engagement, Give Future Leaders a Voice

June 18, 2024

YMCA of the USA (Y-USA) is pleased to announce the second year of the $2 million multi-year national partnership with MissionSquare Foundation. This partnership is providing support to implement the Youth and Government® program in 13 states and the District of Columbia, helping shape the next generation of thoughtful, committed and active citizens.

Treasury, IRS Issue FAQ Regarding SECURE 2.0 Disaster Relief, Retirement Plans

May 30, 2024

On April 16, the Internal Revenue Service (IRS) issued Notice 2024-35 to address changes to certain provisions of the after-death required minimum distribution (RMD) rules as directed by the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. This notice provides valuable flexibility amidst regulatory changes, offering clarity for navigating RMD obligations in the coming years.

MissionSquare Retirement Receives 2024 Top Diversity Award from Equal Opportunity Employment Journal

May 28, 2024

MissionSquare Retirement has been recognized by the Equal Opportunity Employment Journal as a Top Diversity Employer for 2024 in the finance sector.

IRS Notice Offers Flexibility, Relief to RMD Rules

May 13, 2024

On April 16, the Internal Revenue Service (IRS) issued Notice 2024-35 to address changes to certain provisions of the after-death required minimum distribution (RMD) rules as directed by the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. This notice provides valuable flexibility amidst regulatory changes, offering clarity for navigating RMD obligations in the coming years.

Carrie Piltz Appointed to Spearhead Enterprise Partnerships for MissionSquare Retirement

May 8, 2024

Financial services industry veteran Carrie Piltz will tap her extensive experience to build upon MissionSquare's important partnerships with industry asset managers.

MissionSquare Research Institute Report Examines the Views of Younger Public Service Employees by Age

April 11, 2024

Personal Satisfaction, Job Security, and Salary Motivate Public Service, but Salary Drives Consideration of Job Changes

MissionSquare Retirement Announces Retirement of Chief Investment Officer Wayne Wicker Following Distinguished Financial Services Career

April 2, 2024

MissionSquare Retirement today announces the retirement of Wayne Wicker, the company’s highly respected Chief Investment Officer (CIO). Karen Chong-Wulff, CFA®, CAIA®, Head of Fixed Income, will succeed Wicker as Acting CIO effective April 5, 2024, in accordance with the company’s succession plan.

MissionSquare Research Institute Study Details Views of Younger Public Service Employees by Occupation

March 28, 2024

Education Employees Express Highest Levels of Financial Concern While Public Safety Workers Are Most Likely to Make Their Jobs a Career

MissionSquare Retirement Strengthens Commitment to Public Service Employees in California and Texas Through Renewed Partnerships

March 26, 2024

MissionSquare Retirement Strengthens Commitment to Public Service Employees in California and Texas Through Renewed Partnerships

MissionSquare Retirement Earns 2023 Cigna Healthy Workforce Designation™

March 18, 2024

Cigna Healthcare has selected MissionSquare Retirement, an organization that advocates for retirement security and financial well-being, as a recipient of their 2023 Gold Level Healthy Workforce Designation for demonstrating a strong commitment to improving the health and vitality of its employees through a workplace well-being program.

MissionSquare Research Institute Study Examines Sentiment of Younger Public Service Employees by Race and Ethnicity

March 7, 2024

A new research brief from MissionSquare Research Institute compares the sentiment of younger public service employees by race and ethnicity.

MissionSquare Retirement Renews Partnerships with Public Service Organizations in California, Florida, Michigan, and New York to Bolster Retirement Security for Local Government Employees

March 5, 2024

MissionSquare Retirement, a staunch advocate for retirement security and financial well-being, is pleased to announce the renewal of partnerships with eight public service organizations across the nation.

New MissionSquare Research Institute Report Details Student Loan Debt Load for State and Local Government Employees

February 22, 2024

A new report from MissionSquare Research Institute provides an in-depth analysis of student loan debt levels among state and local government public service positions.

Young Women in State and Local Government Express Financial Insecurity, According to MissionSquare Research Institute

February 6, 2024

A new research brief by MissionSquare Research Institute comparing the sentiment of younger public service employees by gender reveals only 23% of women feel very financially secure as compared to 43% of men.

MissionSquare Research Institute Names Zhikun Liu as Vice President, Head of Retirement Research

January 24, 2024

MissionSquare Research Institute, a leading nonprofit and nonpartisan organization specializing in public sector workforce research, announces the appointment of Dr. Zhikun "Dennis" Liu as Vice President, Head of Retirement Research.

MissionSquare Retirement Renews Partnerships, Ensuring Premier Retirement Plan Offerings for Public Service Employees Across the Nation

January 16, 2024

MissionSquare Retirement, a champion of retirement security and financial well-being, is honored to announce the company has renewed relationships with multiple local jurisdictions across the nation to provide the highest quality retirement products and services.

Return to top