What Does SECURE 2.0 Say About Participants Replenishing an Emergency Savings Account?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Latest News
DB Summit: Long-Term Investing
Liability-driven investment, lump-sum distribution and de-risking options are all on the table, experts say.
Lower Liabilities Somewhat Offset by Equity Volatility in February
Overall, U.S. corporate pension funding levels experienced a slight increase last month.
Ohio Judge Dismisses ERISA Lawsuit Against Grocery Chain
A retirement plan lawsuit that alleged excessive fees for recordkeeping against the Kroger grocery store chain was dismissed.
Judge Rejects Mitre’s Efforts to Dismiss ERISA Lawsuit
The Massachusetts-based federal judge has advanced the lawsuit and ordered a scheduling conference for April.
Retirement Industry People Moves
Wealthspire Advisors names integration head; Lenox Advisors announces partner, managing partner promotions; Ziegler and Quagliarello join Franklin Templeton as client advisers.
DOL Urged to Pursue Equal Opportunity Cases in Biden Budget Proposal
The White House’s proposed fiscal 2024 budget would also increase budgets for the Social Security Administration and the IRS.
Products |
Investment Product and Service Launches
EP Wealth introduces diversity scholarship; Vanguard launches short-term tax-exempt bond ETF; Lincoln Financial Group enhances industry-leading MoneyGuard suite.
Shuttered Nevada Benefits Trustee Dealt ERISA Lawsuit
The plaintiff alleged two counts of fiduciary breach for mismanagement of a nonqualified deferred compensation plan in Texas federal court.
Biden Proposes Increased Corporate, Capital Gains Taxes
The 2024 budget would also end carried interest and treat capital gains as ordinary income for those making $1 million or more.
New Bill Would Protect Sponsored Health Plans During Lockouts, Strikes
Congressional Democrats have introduced legislation issuing fines to employers that terminate or alter group health coverage for employees locked out or participating in a strike.
Empower Expands Wealth Management Offerings
New services will include combining, monitoring, and advising wealth across investments, including workplace retirement plans.
Benefits |
What the Potential Shutdown of Biden’s Loan Forgiveness Plan Could Mean for Plan Sponsors
Student loan repayment will likely resume later this year, providing even more reason for plan sponsors to offer student debt benefits to employees.
Upcoming EBSA Webinars Will Detail Fiduciary Duties
Three EBSA webinars this month will explain the basics of ERISA fiduciary duties for retirement and health plans.
Paper Statements, Word Choices: Encouraging Later Social Security Claims
Legislation proposed in the Senate seeks to reduce the number of seniors leaving Social Security benefits on the table by beginning collection at age 62.
Managing Investment Risk in Chinese Assets
An expert panel hosted by CII discussed the risks of investing in China and what it means for retirement plan investment selection.
Retire-and-Relocate Strategy Can Pay Off for Some Retiree Homeowners
Vanguard Group research showed that individuals intending to pursue such a plan in retirement must understand the risks involved.
DOL Appoints 5 New Members to the ERISA Advisory Council
The new members represent accounting, insurance and the interests of employers, employees and the general public.
Employers Should Offer Variety of Retirement Income Options, Survey Shows
A new report argues that plan sponsors should offer retirement income solutions such as annuities to provide lasting lifetime income options to workers.
Gensler Defends SEC’s Climate Disclosure Rules at CII Conference
The SEC chair explained that more market actors are using climate and greenhouse gas information in investment decision making, and the SEC is trying to standardize their disclosures.