Compliance

The Retirement Savings Lost and Found Act aims at simplifying the process of first locating and then consolidating abandoned defined contribution plan accounts. 

Witnesses speaking during a Senate subcommittee hearing expressed the benefits of allowing open multiple employer plans for small businesses and discussed what legislation about them should include.

Under final wellness program rules, employees must receive a notice describing what information will be collected as part of the wellness program, who will receive it, how it...

While other lawsuits question a retirement plan’s “church plan” status, a new suit contends a church plan elected to be an ERISA plan, but failed to comply with...

The recordkeeper agrees to pay $31 million to cover claims of excessive fees in its retirement plans.

The IRS has announced a new strategy for retirement plan compliance efforts. What should plan sponsors do to prepare for their next compliance check questionnaire?

The final fiduciary rule is out, so what do you need to know? And, just as important, what can you do right now to prepare? 

Litigation is the main concern for DC plan sponsors right now.

The investment firm is meeting individually with Senators and Congressmen on its new national policy proposal.

The new guidance is effective July 1 and will impact the way DB plans use interest rate assumptions to value and pay benefits. 

Generally, payments are taxable in the taxable year in which they are distributed.

In its third visit to the 2nd Circuit, an Employee Retirement Income Security Act (ERISA) lawsuit was decided in favor of Lehman Brothers.

The president allegedly received kickbacks for investing the Correction Officers’ Benevolent Association’s Annuity Fund assets in a hedge fund.

The committee says all members “strongly concur” the IRS should not eliminate periodic determination letters under the retirement plan determination letter program.

Many New Jersey public sector retirees saw their cost-of-living adjustments (COLA) suspended under a pension-reform bill signed in June 2011.

Participants in a “church plan” say their employer improperly claimed the protected status, violating both ERISA and potentially the U.S. Constitution. 

T. Rowe Price is moving to resolve a simple-but-costly proxy voting error related to the leveraged buyout of Dell Inc. several years ago. 

Federal law would require all private sector employers to offer a retirement savings plan.

A memorandum from the Office of Chief Counsel of the IRS says cash rewards for participating in wellness programs should be included in an employee’s gross income.

The proposed rule would provide guidance about the process for requesting a facilitated merger, including a request for financial assistance.