Latest News

The longer Congress waits, the more likely it is that fiscal and debt crises will unfold, according to a paper from George Mason University’s Mercatus Center.

The use of forfeitures to offset contributions continues to draw industry support.

The Social Security Administration commissioner and IRS CEO will add another, currently unclear, role, according to the Department of the Treasury.

Many plan participants expect retirement advice, coaching and even plan investment decisions from employers, according to J.P. Morgan Asset Management.

Physician and outpatient services and prescription coverage pose a significant threat to US fiscal resources, according to Boston College’s Center for Retirement Research.

The deal, if approved by a federal district court in California, would require updates to future pension calculations.

However, declining asset returns and interest rates could affect defined benefit plans over a longer time horizon, Milliman warned.

The legislation has stalled in the Senate, as other policy priorities loom before the August recess and midterm elections.

Many investors pay down the ‘wrong’ debt first, according to a recent study.

The Department of Labor cited an example from its proposed alts rule in siding with the employer. 

A Cerulli report found that 71% of recordkeepers call the pooled employer plans a major or moderate business priority.

The organization’s amicus brief backed Intel and warned that allowing lawsuits based on hindsight would fuel costly litigation and harm 401(k) participants.

IRI announces 2 board members; Anthony Provenzano joins Wagner Law Group; and July Business Services makes 2 senior leadership appointments.

Mariner, Cariloop provide family care, healthcare support; and Alight, BNY offer support for retirement plan administration, investing.

According to the National Association of Government Defined Contribution Administrators, 15 states currently allow for some automatic enrollment.

A joint EBRI / FINRA Investor Education Foundation study revealed that, even when controlling for demographic variables, positive relationships persist.

The manager will take over investment of $70 billion in defined benefit and defined contribution plan investments. 

Recent court decisions suggest that using consumer artificial intelligence tools for legal guidance could jeopardize privileged communications, but the law remains unsettled.

Insurer becomes the latest large corporate employer to add the comparison platform.

As hardships arise, employers rethink whether retirement plans should focus solely on preserving nest eggs—or also help workers weather today’s storm.