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Bernstein, Nationwide, Transamerica and Fiducient Advisors launch PEPs; State Street launches Treasury bill ETF.

Good succeeds David Musto, who will transition to the role of executive chairman.

The announcement comes one day after the tax regulator began furloughing employees because of the ongoing government shutdown. 

With more than 20 years of experience, Selenski has expertise in pensions, retirement savings policy and organizational management. 

Employers who are required to comply with the state-run retirement savings program will be notified and provided with registration details.

The agency will retain slightly more than half of its staff, but it will likely face delays if the government impasse continues. 

The bills, lacking Republican co-sponsors, are unlikely to pass, but are meant to address the financial hardship faced by federal workers during the government impasse.  

Dhillon was one of 108 nominees confirmed Tuesday night to fill a variety of Department of Labor and other federal offices.

Both inflation and softening income growth may threaten middle income households’ financial well-being.

The group’s survey found that fear of lawsuits is at least a ‘somewhat significant’ factor when 89% of employers consider enhancing benefits.  

The Massachusetts court accepted the recommendations of a magistrate opinion from last month, but the suits may be amended and refiled.

Today’s defined contribution sponsors are pursuing cost reduction strategies and implementing artificial intelligence to support their plans, according to new research from Mercer.

With more than 20 years of experience, he most recently served as senior vice president of product and innovation at TIAA Financial Services.

The 2025 income limit for claiming the tax credit for lower-income workers who save for retirement has increase slightly to $39,500 for individuals filing their 2025 taxes.

NFP adds 2 benefits vice presidents; Prime Capital Financial names chief HR officer; Nonprofit FCLTGlobal adds board members and advisers; and more.

Enrollment in the state-run program is expected to become mandatory for qualifying companies this fall, according to a government fact sheet.

A recent study found 57% of funds have no issues attracting or holding onto skilled staff, reflecting a 20-percentage-point improvement since 2022.

Raymond James debuts 3 ETFs; Lincoln Financial and Partners Group launch cross-sector royalty evergreen fund; MFS expands active ETF lineup; and more. 

Although the airline was found in violation of its duty of loyalty, it was not required to pay monetary damages. 

The funds are intended to support education, home purchases or new businesses, but not until participants turn 18.