The suit had also alleged a failure to monitor the plan’s recordkeeping fees, which they claimed should have been $25-$30 per participant (versus allegedly paying $62.46 – $81.48, or $160 considering ...

Bipartisan legislation to establish an automatic reenrollment safe harbor has been reintroduced by two key members of the Senate Health, Education, Labor and Pensions (HELP) Committee in a bid to help ...

Late on May 20, the House Financial Services Committee approved legislation that would allow 403 (b) plans to include collective investment trusts (CITs) as part of their investment lineup.

A majority of plan sponsors like the idea of an employee choice program through which part — or all — of an employer’s typical retirement plan contribution can be allocated to a benefit plan a ...

Making more educational materials available about employee retirement plans is compulsory — in the Volunteer State. A new law just enacted in Tennessee requires that certain employers allow employees ...

Titled Balancing Your Wealth: Integrating Financial and Mental Wellness, the session included real-world examples, case studies, and lessons learned about how organizations can address financial ...

Victims of domestic violence can withdraw the lesser of $10,000 or 50% of their vested balance across all of their plans. They must claim and self-certify within one year. In the absence of any ...

DeRemer, the recently confirmed Secretary of Labor, gave the keynote address at The ESOP Association (TEA) National Conference in Washington, DC on Friday. It was her first public speech directly ...

Each year, retirement plan professionals from across the country gather for one of the industry’s most influential events: the ASPPA Annual Conference. Known for its forward-looking sessions, hands-on ...

In fact, the research from the Nationwide Retirement Institute and the American College of Financial Services finds that extending a retirement by just five years from 30 to 35 years increases the ...

Retirement plan eligibility would expand to 18-20 year olds if a bill reintroduced by Sens. Bill Cassidy (R-LA.) and Tim Kaine (D-VA.) is enacted. The Helping Young Americans Save for Retirement Act ...