News

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.
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.
The parties in an excessive fee suit involving a nearly $2 billion 401 (k) plan have come to terms.
Prime Capital Retirement not only invited competitors to its annual Qualified Plan Fiduciary Summit in Overland Park, Kan., ...
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 ...
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.
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 ...