News and Updates

Hispanic Public Service Employees More Likely to Worry About Retirement and Personal Finances Compared to Whites and African Americans, According to Recent MissionSquare Research Institute Survey

New MissionSquare Research Institute Survey Reveals Significant Financial Concerns Among Women in Public Service

Holloway will lead MissionSquare’s strategic initiatives, driving growth and enhancing organizational performance. His extensive strategy and M&A experience and deep background in retirement services and wealth management will be instrumental in shaping the future direction of the organization.

MissionSquare Retirement is pleased to announce the appointment of Lisa Raff as Chief Human Resources Officer.

New MissionSquare Research Institute Survey Conducted for National Retirement Security Month Finds Higher Wages, Improved Healthcare Benefits, and Enhanced Financial Education Would Bolster Employees’ Retirement Confidence

A new report from MissionSquare Research Institute reveals that 93% of private sector employees and 89% of public sector workers with student loans consider their debt levels problematic.

The U.S. Department of the Treasury and IRS published guidance on the long-term part-time rules that apply to 401(k) and ERISA-covered 403(b) plans, as amended by SECURE 2.0.

The overall financial wellbeing of women working in state and local government is mixed, with both positive indicators and troubling challenges according to a new report from MissionSquare Research Institute.

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.

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

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

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

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 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.

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

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.

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

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

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.

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