Benefits Archives | Page 8 of 663

Benefits | March 17th, 2025

JPMorgan Sued Over Cost of Generic Drugs in Health Plan

The defendants claim the company breached its ERISA fiduciary duty by putting business interests ahead of the plan and its participants.

Administration | March 14th, 2025

Retirees Taking 1st RMDs Must Do So by April 1

The IRS rule applies to most participants in workplace retirement plans and all traditional IRA owners.

Benefits | March 13th, 2025

Georgia Considering Bill to Create a State-Run Retirement Plan

The proposed Peach State Saves program would require employers to automatically enroll eligible workers in a Roth IRA.

Benefits | March 12th, 2025

US Corporate Pension Finances Suffered ‘Worst Monthly Loss Since 2022’

Weak markets and rising liabilities resulted in sinking pension funding levels in February.

Benefits | March 11th, 2025

How Plan Sponsors Can Leverage Technology to Promote Financial Wellness

Some barriers persist to providing financial wellness tools to employees, according to speakers at the EBRI-Milken Institute 2025 Retirement Symposium.

Benefits | February 27th, 2025

What DOL Layoffs Could Mean for the Future of EBSA

Probationary employees and the head of the agency’s division of employee ownership were recently terminated amid President Donald Trump’s efforts to reduce the federal workforce.

Benefits | February 21st, 2025

What Happens to Federal Workers’ Thrift Savings Plan Assets After Being Terminated?

As government employees experience mass terminations, they await instructions on how to handle their retirement funds.

Benefits | February 20th, 2025

PLANSPONSOR Roadmap Series: Student Loan Matching and Educational Benefits

Employers have options to offer student loan benefits to employees and do not need to wait for further IRS guidance to start.

Benefits | February 14th, 2025

How Plan Sponsors Can Reevaluate Total Rewards in 2025

Employers can improve their offerings by enhancing the automatic 401(k) deferral rates and offering ‘must-have’ benefits to employees, according to a new Fidelity report.

Benefits | February 13th, 2025

Strong Markets, Steady Discount Rates Pushed Pension Funded Status Up in January

Corporate pensions funding surpluses rose to 27-month highs last month.

Benefits | February 12th, 2025

American Benefits Council Advocates for Tax Preferences in Policy Guide for Next 5 Years

The national trade association emphasized the importance of protecting retirement and health plans under ERISA and maintaining the current tax incentives associated with these plans.

Benefits | February 6th, 2025

Bills to Allow CITs in 403(b) Plans Reintroduced in House, Senate

The Retirement Fairness for Charities and Education Institutions Act of 2025 was reintroduced by a bipartisan group of senators and representatives on Wednesday.

Benefits | February 3rd, 2025

SECURE 2.0: What’s Effective This Year and What Plan Sponsors Need for 2026

While implementing SECURE 2.0 provisions effective 2025, plan sponsors prepare for a big change next year.

Benefits | February 3rd, 2025

Where Does SECURE 2.0 Implementation Stand for 2025?

While plan sponsors have prioritized implementing mandatory provisions, many of the optional provisions have taken a back seat due to administrative complexities and a lack of guidance.

Benefits | February 3rd, 2025

Plan Sponsors Move Forward (Slowly) With SECURE 2.0 Provisions

While catch-up contributions and cash-out thresholds have been adopted widely, take-up is more ponderous for student loan matching and emergency withdrawal flexibility.

Benefits | January 30th, 2025

Social Security Fairness Act Likely Faces Delays

More than 7,000 people per day are trying to speak with Social Security Administration personnel about changes, with new information released in a recent FAQ.

Benefits | January 29th, 2025

How a Small Business Owner Spearheaded Retirement Savings for Employees

The co-founder of a small financial wellness service provider decided to join a pooled employer plan to provide employees with access to an employer-sponsored retirement account.

Benefits | January 28th, 2025

NCPERS Names Public Pension Communicator of the Year Award Winners

The awards honor communication professionals at public pension funds who demonstrate innovative leadership and creativity.

Benefits | January 22nd, 2025

MEPs and PEPs Eligible for Plan Sponsor of the Year

PLANSPONSOR is opening its Plan Sponsor of the Year awards to closed MEPs and to PEPs. Only the pooled plan provider, or PPP, of a PEP can apply,...

Benefits | January 16th, 2025

Unite Here Retirement Fund to Receive $868.6M SFA Grant

The PBGC approved the funds for the White Plains, New York-based plan that covers 91,744 participants in the hospitality industry.