Administration

The bill is part of a push by retirement industry leaders to allow 403(b) plans to invest using the cheaper investment vehicle.

Under the ruling, participants are able to elect where they would like the employer’s nonelective contributions to be allocated, including to their HSA or student loan payments.

The council rounded up three days of QDIA discussion that focused primarily on creating a pension-like guaranteed income option in DC plans.

Testimonies from experts on embedding retirement income solutions in qualified default investment alternatives continued at Wednesday's meeting.

Updated cybersecurity guidance from EBSA extends to all employee retirement benefit plans and health and welfare plans. 

The moves are part of a larger effort to streamline services.

While 401(k) plan fees are a bigger ask for small plans, the savings benefits to participants still tend to be worth the price.

For some employers, offering a state-facilitated retirement plan is the best and easiest option, but for others, sponsoring their own plan or joining a PEP are more attractive.

Recordkeepers and payroll providers met to decide on workflow to establish implementation processes for SECURE 2.0 Roth catch-up mandates.

Employees whose employers offer educational assistance programs can use them to help pay student loan obligations until at least December 2025, according to the IRS.

Eight major organizations highlighted the need to clarify provisions related to automatic enrollment in PEPs, distributions for terminally ill participants, student loan matching and more.

The new coalition, an offshoot of the IRS’s Security Summit group, will work to reduce tax scams during the 2025 filing period.

People at or near retirement age are being targeted in hybrid scams involving imposter Social Security Administration employees. 

With the tropical storm causing extensive damage to homes and neighborhoods in the eastern US, plan participants can take out special disaster distributions from their retirement accounts if...

The Department of Labor will move digital content to USA.gov in September to streamline information about federal benefits, including Social Security and Medicare.

Meanwhile, the House Appropriations Committee recently proposed a budget that contained sharp cuts to the Employee Benefits Security Administration’s funding. 

The introduction of the bill comes after a similar proposal was passed by the House of Representatives on March 8. 

Plan sponsors have a number of factors to consider when comparing investment, insurance and drawdown options for their participants. 

The system comes shortly after the DOL amended a rule to include Chapter 7 bankruptcies.