Experts from Groom Law Group and NAGDCA noted in a webinar clarifying points from the IRS’s notice that may allow some participants to skip the Roth election.
The Internal Revenue Service is providing expansive tax relief, including waiving the penalty fee for hardship withdrawals, for victims of the wildfires on the islands of Maui and...
The former director of human resources at alternatives specialist Weiss-Multi-Strategy Advisers has sued the company, adviser subsidiary and retirement plan trustee George A. Weiss.
Beginning August 1, Voya will bring what it is calling the very first pooled employer plan to employees of large nonprofits and other 501(c)(3) tax-qualified entities across the...
Newfront, a tech-focused advisory firm, recently brought its AI-driven benefit solutions to Congress and will be using AI capabilities to mine 5500s for plan sponsor clients, later this...
The unwinding of a COVID-19 policy that prohibited states from removing people from Medicaid and CHIP could leave hundreds of thousands without health coverage.
With recordkeepers accounting for 63% of the defined contribution market already on board, the Portability Services Network is picking up steam. Here’s how it works.
The complaint alleges the Florida-based energy company and its pension plan failed to disclose material information in the summary plan description used to calculate lump sum payments to...
The state’s private sector retirement plan, slated to take effect in July 2024, hopes to say aloha to its first leader after posting the position online this week.
When L D Wenger Construction Co. Inc. ceased operations, its 401(k) plan was deserted by the fiduciary, barring retirement plan participants from access to their retirement assets, the...
An insurance advocacy group follows up 2023 legislative plans with a push for policies that increase the use of retirement income products and CIT investment vehicles.