The complaint alleged that the plaintiff met the test for employee status per prior case law, but that Yum! impermissibly misclassified him as an independent contractor.
The company says it wants to help people achieve both short- and long-term financial goals, and the name change from ‘Empower Retirement’ to just ‘Empower’ helps capture that.
It identifies changes in the requirements of Section 403(b) of the Internal Revenue Code that the agency will take into account during the second remedial amendment cycle.
Many defined contribution plan sponsors are focusing on lower fees, which is a selling point for exchange-traded funds, but there are other ways sponsors can cut costs.
J.P. Morgan announces new private equity team; PGIM creates global head of ESG role; OneAmerica bolsters health care sector team with new hire; and more.
Despite the tax advantages available, most HSAs account holders don’t capitalize by using HSAs as long-term investments to pay for future qualified health expenses.
The lead plaintiffs’ attorney says the Supreme Court has confirmed that it is the employer’s obligation, not the employee’s, to make sure funds in the plan are prudent...
Recordkeepers say that, historically, retirement plan participants reassess their retirement savings and readiness picture at the beginning of the year.
One of the obvious and lasting appeals of multi-asset-class portfolios such as TDFs is their potential to provide retirement plan participants with a smoother ride when markets are...