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The parties in an excessive fee suit involving a nearly $2 billion 401 (k) plan have come to terms.
The new long-term, part-time employee (LTPTE) rules have resurrected an issue relating to the calculation of the deduction limit for defined contribution plans.
With the ink on a significant ERISA burden of proof decision still damp, the nation’s highest court is looking for Labor Department input on a case that turned on just that issue.
Prime Capital Retirement not only invited competitors to its annual Qualified Plan Fiduciary Summit in Overland Park, Kan., ...
In a unanimous decision, the nation’s highest court has made a clear delineation as to who bears the burden of proof in ERISA litigation — and it’s not likely to slow the current pace.
When it comes to spending in retirement, a new study reveals that retirees are far more likely to spend from lifetime income ...
Responding to a recent call from a financial advisor in Georgia, the ERISA consultants at the Retirement Learning Center (RLC) addressed a question on whether the client can use a terminated ...
Asserting that a recent excessive fee suit is “just one of many in a wave of ERISA class-action complaints designed to extract costly settlements…” — the U.S. Chamber of Commerce and a couple of ...
Thanks to the SECURE 2.0 Act, an expanded array of distributions from a retirement account is now more readily available, but making them available is up to the discretion of a plan sponsor. Industry ...
Something else that declines as we age? Financial literacy. A new paper from a high-profile researcher at the Wharton School of the University of Pennsylvania found that as people age, their financial ...
Sens. Josh Hawley (R-Mo.) and Dick Durbin (R-Ill.) have reproposed the Protecting Employees and Retirees in Business Bankruptcies Act. The bill would provide greater protection for employee wages and ...
State Street Global Advisors announced the launch of a new target date fund that will provide access to both public and private market exposures in a diversified strategy for defined contribution ...
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