IRI Promotes Need for Guaranteed Income for Retirement

According to the Insured Retirement Institute, systematic withdrawal strategies, whether a simple “x%” rule or based on a more sophisticated stochastic analysis of the probability that assets will not be depleted at various withdrawal rates, have two significant drawbacks.

Regulators Finalize New HRA Rule

Starting next January, employers can give their workers tax-deferred funds to go shopping for a health plan, thanks to individual coverage health reimbursement arrangements.

Investment Product and Service Launches

Investment Product and Service Launches

LGIMA builds ESG strategy for DC plans; Russell Investments announces tax-managed fund for long-term investors; and FTSE Russell Introduces Preliminary Report of Indexes' Reconstitutions. 




Supreme Court Takes on Intel Case About ‘Actual Knowledge’

The investment committee for two Intel Corporation retirement plans asked the court to determine whether the provision of plan documents, in itself, creates for participants “actual knowledge” of an alleged fiduciary breach under the Employee Retirement Income Security Act (ERISA).