The Labor Department has weighed in on a fifth forfeiture reallocation suit, asserting that “To cultivate an ERISA landscape with the fertile soil that sustains both employer and worker, the weeds ...
With people changing jobs more frequently than ever, traditional retirement systems haven’t kept up — until now.
The Department of Labor (DOL) failed to adequately monitor common interest agreements (CIA), which undermined public confidence and potentially exposed confidential information kept by the DOL, ...
The Labor Department has filed an amicus brief with a federal appellate court “clarifying the business requirements for offloading defined benefit plan liabilities through pension risk transfers.” ...
The ranking Democrats on the congressional tax-writing committees reportedly plan to introduce legislation that would rein in so-called mega-IRAs, according to sources on Capitol Hill.
Fidelity Investments’ 25th annual Retiree Health Care Cost Estimate reveals that health costs are not slowing down, highlighting the importance of incorporating potential health expenses into ...
Today, plan sponsors face a changing environment, where industry consolidation, private equity ownership, proprietary product development, and participant monetization strategies are creating new ...
Trump Accounts are savings accounts created for minors. They grow tax-free during the “growth period,” until the child turns 18. At that point, the account essentially becomes an IRA. The annual ...
Current retirees' experiences can help serve as a roadmap for future retirees navigating the retirement planning process, as expectations for retirement do not always match reality.
The plaintiffs in a healthcare fiduciary suit argue that just showing a prudent process may not satisfy ERISA's prohibited transaction exemption.
In response to a recent call from a financial advisor in Utah, the ERISA consultants at the Retirement Learning Center (RLC) address whether an organization with governmental ties can establish a ...
I was scanning headlines recently and saw that the Department of Labor (DOL) had issued “good faith” guidance regarding SECURE 2.0’s paper benefit statement requirement. My initial reaction was, “Are ...