Compliance

Among other changes of note for plan sponsors, the proposal “applies a single aggregate limit to contributions for an employee in a governmental section 457(b) plan and elective...

Employer and employee contributions to the multiple employer welfare arrangement were found in offshore Bermuda accounts.

According to a Sears announcement, following the making of a $407 million contribution, it will be nearly relieved of the obligation to make further contributions to the pension...

In addition, tax-exempt employers would be subject to additional taxation rules.

The 11th Circuit ultimately ruled that it is common sense to conclude that since a litigant can renounce his most basic freedoms under the United States Constitution, he...

The firm has agreed to pay $75 million to settle litigation brought by multiple retirement plan participants alleging J.P. Morgan invested its stable value funds in risky assets.

The memo lists actions plan sponsors should take to locate missing participants in order not to be challenged on violating RMD rules.

The lawsuit accuses General Electric 401(k) plan fiduciaries of violating ERISA by offering and failing to monitor funds in the plan that were managed by the company’s investment...

Noteworthy about the case is that a challenge to fees provided to the recordkeeper via an arrangement with Financial Engines is filed against the plan sponsor and not...

Until the final rule’s publication in the Federal Register, the exact details and length of the second enforcement delay will remain unclear, but industry reports are widely discussing...

The GOP tax reform proposal leaves 401(k) deferrals alone, but there are other significant reforms in the package that would change the treatment of hardship withdrawals and in-service...

The agency has relaxed loan and hardship distribution rules.

Among its list for retirement plans are projects for which guidance has been long-awaited from the agencies.

Early interpretation of the 500 page tax legislation released by majority Republicans suggests the treatment of retirement account salary deferrals will largely be left alone.

In response to a private letter ruling from the IRS, ICMA-RC will provide its public-sector clients with a model 457(b) plan document incorporating auto enrollment based on the...

The EEOC recently held a hearing to discuss changes that could improve older worker employment.

The Treasury Department believes that if an expert was certified to assess the viability of annuity providers, retirement plan sponsors would be more inclined to offer in-plan guaranteed...

The agency says a receptionist was fired four days after her 65th birthday due to a company policy that mandated retirement at age 65.

Neither Xerox nor Financial Engines were acting in a fiduciary capacity relating to their fee arrangement, a court found.

IRS says missed repayments can be addressed in the following quarter or that participants can refinance a loan, but that it will still be due on the original...