SIFMA urged the SEC to take direct control of and fully fund the CAT, while the ASA sought protection for investors’ personally identifiable information.
Republicans touted direct contracting as a way to lower employer healthcare costs, while Democrats warned that Medicaid and ACA reductions threaten workers.
The complaint, filed in Virginia, claims fiduciaries kept an underperforming Nuveen fund in the company’s 401(k) plan despite persistent lagging returns and higher fees.
Employers are trying to help their employees, with tools and guidance, to avoid making hardship withdrawals or taking loans from their retirement plans to cover immediate needs.
The $340 million deal is expected to transfer more than $130 billion in assets while Milliman retains its retirement and healthcare actuarial consulting business.
Simplicity in the product, its integration into recordkeeper platforms and the participant experience can determine which become leading solutions, according to a new DCIIA Retirement Research Center survey.
Gen Z’s embrace of Roth IRAs has been clear, but new data suggest the workplace retirement plan could be the next frontier—if employers can overcome decades of inertia.