Latest News

A bill establishing the Illinois Secure Choice Savings Program has been signed into law.

ABD Insurance and Financial Services hired Brian Ashworth as vice president of its retirement services group.

In one of many cases challenging a retirement plan’s “church plan” status under ERISA, a federal district court has ruled for the plaintiffs.

A federal district court has denied Boeing’s request for summary judgment on the merits of Spano vs. The Boeing Company, a long-running excessive 401(k) fee case.

The United States Supreme Court will hear arguments in the closely watched 401(k) fee litigation case Tibble v. Edison near the end of February.

Six elected judges say a new pension law in California was illegally applied to them retroactively.

The city of Cincinnati will pay higher contributions to its pension system under a new agreement.

The new PBGC Participant and Plan Sponsor Advocate has released her first annual report of issues.

The U.S. Department of Treasury maintains the view that its myRA program is not subject to the extensive reporting, disclosure, fiduciary duty or other requirements of ERISA.

The financial health of private pension plans weakened in 2014, with funded ratios falling to levels resembling post-recession lows.

The oldest members of Generation X are turning 50 in 2015.

A new paper from TIAA-CREF outlines a process for evaluating the reasonableness of retirement plan fees.

The use of ETFs in 401(k) plans has been slow to catch on, but some still believe it will happen.

The Segal Company’s calendars for the new year detail reporting requirements for single-employer and multiemployer plans.

A new rule for retirement plan distributions makes way for high earners to get into Roth IRAs.

Proposed rules from a number of federal regulators significantly streamline the Summary of Benefits and Coverage form while including an additional coverage example.

The Department of Labor’s Employee Benefits Security Administration (EBSA) and the Internal Revenue Service have proposed additional amendments to excepted benefits rules.

 

A federal appellate court has sent a case back to a district court because the district court’s decision was made before a significant U.S. Supreme Court ruling.

U.S. Retirement Partners (USRP) reported that it has acquired Kades-Margolis Corporation (KMC), which will join USRP’s national network of 403(b) providers.

The IRS has provided answers to questions received about the new single-distribution rule for rollovers from retirement plans.