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The lawsuit is directly tied into another in which Wilmington Trust agreed in January to a settlement valued at $5 million.

Plan sponsors can show compassion for their recordkeepers, while at the same time ensuring their plans are operating smoothly.

Relief is provided for verification requirements for loans and distributions and timing for forwarding contributions and loan repayments, among other things.

A federal judge said the plaintiffs' guess of recordkeeping fees paid had no factual basis and failed to claim a breach of fiduciary duties.

Extended time limits disregard the period from March 1 until 60 days after the announced end of the national emergency or such other date announced by the agencies...

The lawsuit is nearly identical to one filed by the same law firm against a pharmaceutical company.

Research shows older employees may turn to Social Security for income following a financial crisis, but that can throw retirement planning off course.

Of the three institutional segments tracked by Northern Trust, corporate ERISA pension plans performed the best during 1Q 2020.

The legislation would allow employees to defer 300% of the current statutory limit or 100% of compensation, whichever is less, to DC plans for the 2020 calendar year.

First quarter performance data shows well designed defined contribution retirement plans are doing a decent job at protecting the savings of working Americans relative to retail brokerage accounts.

This will be especially true for Millennials, retirement industry sources say.

The technology provides individualized guidance regarding paycheck allocations to HSAs, health plan choices, voluntary benefits and contributions to retirement accounts.

Under the county code, employee contribution rates were based on age at entry into the retirement system, with older employees paying higher rates than younger members for the...

Coupling more generous loan programs with robust educational resources is a good place to start.

The Wagner Law Group launches Bankruptcy and Restructuring practice; Alight Solutions announces new CEO; Holland & Knight implements Employment Law team; and more. 

Perhaps his most significant contribution was the role Preston Rutledge played in undoing the Obama-era DOL fiduciary rule expansion.

Sources from CalPERS and NYCRS share discussions they've had and actions they've taken in response to the financial hit of COVID-19.

Retirement plan providers are striving to implement new ideas and capabilities made possible by the SECURE Act even as they grapple with the challenges of a pandemic.