How to Treat Lawsuit Awards and Settlements
There are no regulations providing guidance about this matter for retirement plans.
Latest News
Retirement Optimism Cited in Survey of African Americans
However, many are not taking advantage of financial and investment tools, a Prudential study finds.
TDFs Continue Growth as Target-Risk Funds Lose Assets
In the second quarter, target-date funds experienced $19.3 billion in positive inflows, while target-risk funds saw aggregate outflows of $2.9 billion.
Heavy Allocations to Fixed Income Hurt Corporate Pensions
Corporate ERISA plans returned -1.6% at the median in the second quarter, according to Northern Trust.
Mercer Says Corporate Pensions Hampered By Rates in July
It’s been something of a common monthly performance story for pension plans in recent years, with decreasing rates overpowering increasing markets.
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Introducing a 'Frugal' 3(38) Advisory Service
Small-plan clients can now receive fiduciary investment advice at a “frugal price,” says Frugal Financial Retirement Plan Services.
ICI Savings Snapshot Shows Individual Commitment
Large data set reveals U.S. workers are engaged in their DC plans and are taking their individual responsibility for saving seriously.
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Wells Fargo Will Offer Financial Engines Advisory Services
Major retirement plan recordkeeper reaches agreement to deliver independent advisory services via Financial Engines.
Student Loans Setting Millennials Back
The weight of student loan debt is preventing many from saving for retirement.
11th Circuit Reaffirms Delta Air Lines Stock Drop Victory
Circuit court sees no need to change a previous ruling in a stock drop case, reconsidered in light of the Supreme Court’s recent Fifth Third Bancorp v. Dudenhoeffer...
IRS Unveils Mortality Tables for 2016 Pension Funding
“The misery of uncertainty is worse than the certainty of misery,” commented one retirement industry expert, on the release of 2016 IRS static mortality tables.
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Millennium Trust Updates Web Capabilities
A new website offers remote access to rollover tools and resources from Millennium Trust.
DOL Publishes Fiduciary Rule Hearing Schedule
The Department of Labor has released its agenda for next week’s public hearings to discuss the department’s proposed fiduciary rule changes.
Health Care Costs Remain Major Retirement Expense
A 65-year-old couple can expect to pay $220,000 on health care in retirement, a government group says.
Addressing Liability But Maintaining Growth With Alternatives
Growth without the drawdown risk in a defined benefit plan? Alternatives may be an answer, some experts say.
IRS Employee Plans Unit to Cease Email Responses
The IRS employee plans unit will stop answering technical public questions shared via email in October.
College Costs Rival Retirement as Savings Goal
As one-third of parents are still shouldering student debt, they are highly motivated to help their children pay for school without relying on loans.
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Guardian Enhances 401(k) Website for Small DC Plans
A retirement planning management system provides education and guidance to positively influence the savings behaviors of plan participants in smaller companies.
Supporting Family Remains a Retirement Challenge
Americans who support an aging parent or an adult child give an average of $12,000 a year to their family members.
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Goldman Sachs Unveils Retirement Share Class
R6 shares offer retirement investors a lower expense ratio than current institutional share classes from Goldman Sachs Asset Management.