A Fidelity study reveals that 403(b) plan sponsors are showing mixed feelings as they prepare to implement pending regulatory changes to the plan announced by the Internal Revenue Service last month. Among the changes, employers will be responsible for selecting investment choices that make the most sense for participants.

"The good news is that the new regulations will encourage plan sponsors to streamline the number of vendors and investment options available in 403(b) plans," said John Begley, executive vice president for Fidelity Investments Tax-Exempt Service Co.

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