Compliance

Failure to find missing participants could disqualify a retirement plan under the tax code and lead to breaches of the ERISA fiduciary duty.

In 2019, the retirement plan industry saw the debate, support and eventual passage of the SECURE Act.

Although the complaint notes that the defendants acted to replace higher-cost share classes with lower-cost ones in 2019, it says that action did nothing to repair participants’ accounts...

The bill transfers certain funds to provide pension and health benefits for retired coal miners.

Sponsors can distribute assets from a 403(b)(7) custodial account, along with other measures.

The university says the high court should re-establish the pleading standard it previously set, as well as issue a decision to stop the pressure to settle cases against...

Passage of the SECURE Act is being hailed as a major accomplishment that will allow Congress to turn to other important retirement issues next year.

Among other issues, the plaintiffs allege that defendants failed to utilize the lowest cost share class for many of the mutual funds within the Cintas Corporation retirement plan.

The SECURE Act’s establishment of an in-plan annuity selection safe harbor and the development of open MEPs will take time to unfold—but perhaps not as much as some...

Revenue Procedure 2020-9 extends the deadline, applicable to pre-approved plans, for adopting an interim amendment relating to hardship regulations to December 31, 2021.

News that the SECURE Act’s provisions may soon become law caps off a year of intense lobbying efforts, spearheaded in particular by those with an interest in providing...

The regulations explain how grandfathered amounts are treated when a distribution is made from a nonqualified deferred compensation (NQDC) plan.

The Democratic presidential candidate fears the DOL is considering a fiduciary rule that would permit advisers providing advice on retirement savings to engage in conflicts of interest.

The updated mortality improvement rates and static tables apply for purposes of calculating the funding target and other items for valuation dates occurring during the 2021 calendar year.

The DOL says the action would modernize fiduciary practices related to the voting rights associated with ERISA plan investments.

Unlike ERISA lawsuits that are argued in federal courts, this case is playing out in state court.

The PBGC has issued a final rule regarding pension plans undergoing distress or involuntary termination, and the OSFI has released a form for contribution schedule reporting.

There was substantial discussion of Intel’s argument about how the statute of limitations provision read when ERISA was originally written.