Could plan fiduciaries violate their duty of loyalty to plan participants despite a prudent process? A recent federal judge says yes — Nevin (Adams) & Fred (Reish) discuss.
In 2023, for the years ending Dec. 31, 2023 and 2022, $14,976,321 and $12,952,282, respectively, of the forfeited amounts were used to reduce the Contributing Employer's Matching Contributions and/or ...
Josh Oppenheimer, the new senior director of federal legislative affairs at the American Retirement Association, confirms that PBM reform had been a key priority for Senate HELP last year.
The Plan Sponsor Council of America (PSCA) has been tracking interest in the optional SECURE 2.0 Act provisions since it was enacted to be able to report on what plan sponsors are enacting, and what ...
We will be conducting routine website maintenance on Sunday, January 26, beginning at 12:00 A.M. ET and ending at 6:00 A.M. ET. During this time you may experience some disruption in service when ...
Gen X is all too frequently overlooked in surveys — but in (too) many ways, it appears they’re not all that unique, and have interesting perspectives on retirement readiness and saving. Gen X is all ...
Pension obligations fell by more than $100 billion — that’s billion with a “b” — in 2024, says WTW. More specifically, they ...
The new chairman of the House Education and Workforce Committee has renewed the committee’s call for the Department of Labor’s Inspector General (IG) to investigate claims the DOL improperly shared ...
According to company research, it’s never too early to begin saving, and “80% of prospective Generation Beta parents agree that, in an ideal world, parents would start saving for their child’s ...
CalSavers, the state-run program that provides coverage for private-sector employees in the Golden State whose employers don’t, had a good year in 2024 by many measures, says the CalSavers Retirement ...
Treasury Secretary nominee Scott Bessent, in his confirmation hearing before the Senate Finance Committee, warned that the nation could face an economic crisis if Congress fails to extend the Tax Cuts ...