Benefits

The $4.9 billon transfer from the oil company's U.S. subsidiary is among the first large pension risk transfers of 2024.

Annuities may be a hot topic, but sponsors can add the most value to plans by incorporating features like auto-enrollment and auto-escalation before they move to the heavy...

The regulator prevailed in motions against a Pennsylvania retirement third-party administrator it alleges stole $5.5 million in retirement plan assets from 17 clients.

In 2023’s fourth quarter, the number of tax-preferred education savings and prepaid accounts rose to 16.4 million.

While the majority of employers offer some sort of paid leave, some employees are not taking full advantage of the benefit due to heavy workload and staffing issues.

The assistant secretary pointed to the start this week of the comment period on proposed auto-portability guidance.

The Mexican-style chain restaurant will offer a student loan repayment matching benefit, as well as mental health and financial education resources, to support its growing Gen Z workforce.

Representatives from Delta and Amazon discussed the benefits that best serve their unique employee populations at the EBRI-Milken Retirement Symposium.

With new guidance from the DOL and IRS, employers have an opportunity to hit the ground running and adopt pension-linked emergency savings accounts this year.

Some couples may need to have as much as $413,000 saved to afford premiums, deductibles and out-of-pocket drug costs in retirement, according to new EBRI data.

The pension and investments manager expects de-risking strategies to remain attractive in 2024.

The Department of Labor filed a lawsuit against Blue Cross Blue Shield of Minnesota, claiming the third-party administrator became a fiduciary of the health plans by exercising control...

New MetLife data suggests that employers should re-evaluate their benefits strategies with this cohort’s needs in mind.

Non-cash benefits for highly paid executives that promote both physical and fiscal health are valuable offerings to attract and retain C-suite teams, a new Goldman Sachs Ayco survey...

The retirement income benefit was a bargaining chip in negotiations that included a UAW request to bring back a defined benefit pension plan.

The new offering aims to build emergency savings, emergency credit and loan repayment assistance for vulnerable workers.

Pension-eligible employees will still accrue benefits under the pension plans until the 2028 freeze date.

The growing pool of workers 65 and older is affecting how plan sponsors should look at workplaces and benefits in the future.

The Department of Labor keeps working to implement provisions of 2022’s SECURE 2.0 Act alongside further rules for retirement and health benefits.  

The credit union aims to bolster each of its workers’ financial health with a $400 deposit.