Benefits

As defined benefit plan sponsors look to de-risk and offload pension liabilities, the selection of annuity providers has come under increased scrutiny in recent lawsuits.

The Department of Labor’s Assistant Secretary Gomez offers tools and information for assisting with the transition to retirement from work in a new blog post.

Transaction with MetLife is one of several billion-dollar buyouts completed so far in 2024.

In less than a year in the program, News Corp. reports strong uptake from participants enthusiastic about repaying loans while continuing to save for retirement.  

When a hospital goes through a merger or acquisition, health care workers must deal with salary and benefits changes, which can lead to stress and distrust in senior...

In a webinar hosted by the Aspen Institute, retirement industry leaders discuss how the current defined contribution system fails to help disadvantaged workers save for retirement.

Social Security board’s annual report says strong economy, job growth boost funding; calls on Congress to act for the future.

Several private-sector employers in Delaware will participate in Delaware’s pilot auto-IRA program, and CalSavers continues to achieve milestones.

Government plans need more guidance from the IRS to address payroll-related complications that affect compliance with parts of SECURE 2.0.

Connecticut-based energy company Avangrid is among the first plan sponsors to implement BlackRock’s LifePath Paycheck.

Determining which medical account options to offer their employees requires employers to understand how their health care coverage benefits work and how benefits would be used. 

The importance of holistic financial wellness and targeted outreach when engaging participants about health savings plans.

Low- and moderate-income workers understand the importance of establishing emergency savings accounts and want options, research finds.

Higher stocks and relatively stable interest rates boosted funding surpluses to more than $70 billion, Milliman found.

Paychex plans to fight a New York retirement lawsuit, alleging fiduciary breach in federal court rather than state court.  

Vendor selection is among the most important HSA-related decisions an employer will make, speakers said.

Panelists discussed the complexities of high-deductible health plans and health savings accounts, emphasizing the importance of understanding a company’s employee demographics when offering these health benefits.

Vermont said the state will negotiate an agreement this year to help establish the new program, VT Saves.  

A lawsuit against IBM’s pension plan will not proceed, following a judge’s ruling in U.S. District Court for the Southern District of New York.