Compliance

The legislation would mirror benefits offered to for-profit entities under the SECURE Act. 

The agency provided guidance about tax withholding and reporting obligations for reissued checks.

With a presidential directive expected to come in the coming weeks, industry experts weigh the risks and rewards of the asset class.

The filing was a win for plan sponsors, though it is not expected to end the recent flurry of litigation alone.

The senator said the company failed to adequately answer questions from her June 18 letter as the industry awaits an executive order from President Donald Trump encouraging inclusion...

The maturing defined benefit industry offers meaningful retirement security but requires oversight and governance, according to October Three.

The changes will apply for valuation dates starting in 2026. 

Lawmakers will consider the issue following introduction of a string of bills this week to provide portable benefits to gig workers.

A legal expert calls the 2023 magistrate judge’s opinion that was upheld in this week’s ruling ‘devoid of logic’ and anticipates an appeal. 

In filing an amicus brief on an appeal involving HP Inc., the Department of Labor offered guidance on an issue that has prompted more than 50 new cases...

The approach offers risk mitigation, often at a lower cost.

Lawmakers are attempting to expand access to defined contribution plans for independent employees.

The July 1 request indicates the Department of Labor is preparing PEP-related reports, as laid out by the SECURE and SECURE 2.0 Acts.

In a letter, the group also pushed Congress to expand the retirement sector after the passage of the ‘Big Beautiful Bill.’ 

President Donald Trump’s key legislation offers little change to the sector.

President Trump has signed the measure that preserves tax deferral for retirement savings, raises taxes on certain endowments, makes cuts to federal benefits and much more.

The parties agreed to a settlement higher than the $38.8 million that was included in a prior deal in April, in a case that alleged the company charged...

The case, originally filed in 2021, alleges the company violated ERISA by retaining target-date funds that were high cost and underperformed their benchmarks.  

Justices will decide how much flexibility actuaries have when calculating how much companies must pay when withdrawing from a multiemployer plan. 

The division of the Department of Labor said discarding the three bulletins would avoid ‘confusion and unnecessary complexity.’