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Witnesses debated whether the children’s investment accounts should remain limited to passive funds.

The ruling adds to the ongoing fight over how forfeited funds should be used.

Betterment expands workplace benefits, Fidelity adds Trump Account rollovers, and more. 

The temporary incentive comes as borrowers navigate changes to the federal student loan system.

Experts say the most effective communications call participants to action.

The long-proposed measure will be under review for up to 90 days before a public comment period.

Employers can provide 401(k) participants with high-quality tools to drive a smoother conversion of savings into resources, according to research from the TIAA Institute and Nuveen.

According to the trade groups, the legislation should anchor a Senate package aimed at both strengthening capital formation and protecting investors.

Prudential found that more than 80% of employers are interested in using artificial intelligence to help workers better understand their benefits.

The firm also united its regional institutional business under a single national leader.

The trade group argues that new state restrictions interfere with employer-sponsored health plans, as scrutiny of pharmacy benefit managers intensifies.

The long-tenured benefits program manager helped lead the Michigan-based food company to several industry awards.

ERISA attorneys and consultants offer processes and tips to keep ‘gobbledygook’ out of plan communications.

Higher Medigap and Medicare Part B fees are behind significant costs, according to the Milliman Retiree Health Cost Index.

Clearwater Analytics launches fund analytics; StepStone, PitchBook release deal-level benchmarking tool; FuturePlan by Ascensus, Voya launch PATH PEP.

New Department of Labor guidance aims to clarify legal treatment of workplace contributions ahead of the July 4 launch of the children’s savings accounts.

The guidance also clarified that certain annuity buyouts do not trigger a reportable event.

Stakeholder comments on the proposal, which could expand the popularity of this kind of pension fund, are due by August 10.

The National Association of Christian Lawmakers joined the growing campaign to allow lower-cost investment vehicles in nonprofit retirement plans.

The retirement industry veteran will work on original research, thought leadership and strategic growth for the registered investment advisory and wealth management firm.