Meanwhile, the House Appropriations Committee recently proposed a budget that contained sharp cuts to the Employee Benefits Security Administration’s funding.
Hits to the stock market mean participants will see retirement savings losses, so plan sponsors should have a communication plan in place to steady reactions.
Wagner Law Group hires 3 senior attorneys; Petra Funds Group appoints Gajdjis as senior adviser; Prime Capital announces promotion of VanderLinde to president of Liberty Wealth Advisors; and...
The military shipbuilding company saw a significant decrease in employees taking out 401(k) loans after offering the financial wellness software Kashable as an alternative.
Morgan Stanley at Work launches new digital experience for benefits participants; Alight releases the latest version of its employee experience platform; Voya offers a new stable value solution;...
With their ability to provide personalized advice, managed accounts have become a more attractive retirement income solution, but the high fees attached to them continue to be a...
Plaintiffs accuse the bank of requiring participants and beneficiaries to pay high costs for generic prescription drugs that are ‘widely available at drastically lower prices.’
A 65-year-old couple will need $395,000 in combined savings to afford the cost of certain Medicare plans in retirement, according to the Milliman Retiree Health Cost Index.
Understanding the average age of participants and how employees are allocated in their investments are some factors plan sponsors should consider when evaluating a QDIA that moves participants...