Administration

One year after launch, the network to transfer stranded workplace balances between participating recordkeepers is live with about 15,000 plans.

Under the Consolidated Appropriations Act of 2021, employers must attest that their contracts with service providers do not contain gag clauses or restricted access to health plan claim...

Representative Lori Chavez-DeRemer of Oregon also comes with pro-labor positioning that may give pause to Republican Senators considering her nomination.

They include revisions to codes for pension-linked emergency savings accounts and instructions for benefits payable in annuity form.

Recordkeepers, industry organizations and academics weighed in on how to best get plan sponsors to implement a federal matching program for lower-income workers.

Expected to go live in December, the database is designed to serve as a centralized resource for workers and beneficiaries to locate unclaimed retirement savings. 

President-elect Donald Trump will get to nominate a new candidate for the director position.

Six investor advocacy groups wrote that allowing 403(b) plans to invest in collective investment trusts would put the ‘most vulnerable’ retirement savers at risk, according to a recently...

The industry will see further consolidation, with winners innovating for advisers and participant services, according to the head of the recordkeeper, asset manager and insurer.

In all impacted areas, relief ends on May 1, 2025.

From ESG investing in 401(k) plans to the solvency of Social Security, industry experts say the outcome of the election may have significant consequences for retirement policy.

Meanwhile, control of the House remains undecided, but if House does not flip, GOP leadership positions likely to be unchanged on Education and Workforce Committee.

Maximum Benefit/Contribution Limits for 2020 through 2025, with a downloadable PDF of limits from 2015 to 2025.

Vanguard’s David Stinnett discusses the handful of changes going into effect that will impact retirement plan administration next year.

The announcement comes with guidance on all the cost-of-living adjustments affecting limitations for pension plans and other retirement-related items for tax year 2025.

The government watchdog’s review of DOL regulations on fee disclosures is largely positive, with lingering concern about whether participants actually understand plan fees.

The virtual meeting will focus on lifetime income and the access to claims procedures.

Following guidance released this summer by the IRS about SECURE 2.0’s student loan matching provision, the advocacy organization still has unanswered questions.

The Treasury Department’s inspector general found that about 3.1 million taxpayers who took early retirement distributions did not pay the mandatory 10% tax penalty or claim an exception.

The legislation would prohibit arbitration of claims and discretionary clauses in all ERISA-covered plans.