In filing an amicus brief on an appeal involving HP Inc., the Department of Labor offered guidance on an issue that has prompted more than 50 new cases...
President Trump has signed the measure that preserves tax deferral for retirement savings, raises taxes on certain endowments, makes cuts to federal benefits and much more.
Both houses of the legislature voted in favor of the FY 2026 budget bill, which includes the provision creating the Massachusetts Secure Choice program.
The parties agreed to a settlement higher than the $38.8 million that was included in a prior deal in April, in a case that alleged the company charged...
The case, originally filed in 2021, alleges the company violated ERISA by retaining target-date funds that were high cost and underperformed their benchmarks.
The products are complex for various reasons, but recent regulatory changes and potential demand are expected to continue driving plan sponsor adoption.