Participants

The McCullough, Campbell & Lane LLP retirement savings plan owes an average of more than $200,000 to 25 participants.  

IBM’s decision to unfreeze its pension is a ‘strong endorsement’ of plan sponsors operating parallel defined contribution and defined benefit retirement plans.

Plaintiff Paula Disberry has requested the court order restoration of her $750,000 in lost assets.

The assistant Secretary of Labor for the Employee Benefits Security Administration spoke to PLANSPONSOR about ‘Schoolhouse Rock,’ disparities in retirement benefits access and SECURE 2.0.

While the United Auto Workers will not see the restoration of defined benefit pension plans, they are likely to see significant increases to employer 401(k) contributions and pension...

Other state plans lag behind, but the Golden State’s program continues to welcome more registered employers and participant-funded accounts. 

A joint Western & Southern and LIMRA study finds that 44% of respondents did not understand what a retirement income plan entails.

The company announced this week it will offer emergency savings accounts in 2024.

The majority of plan sponsors with the goal of mitigating pension plan risks are looking to fully divest their company’s pension liabilities, according to MetLife. 

Recorded sessions offer the insights and education on plan administration and compliance plan sponsors need to help employees create good financial outcomes.

A law firm has sued four defined pension plans over the last six weeks alleging fiduciaries violated ERISA and shortchanged vested participants.

In addition to wage increases and an end to wage tiers, the United Auto Workers are demanding the return of defined benefit pension plans, as well as retiree...

Home-related expenses were 5 times more likely to drive spending volatility for retirees than health-related expenses, according to data from T. Rowe Price. 

More employers are considering in-plan decumulation options.

Airline employees enrolled in an emergency savings program have also increased their 401(k) contributions.

Plan sponsors have increased their focus on delivering expanded benefits and employee financial wellness programs in defined contribution plans, according to JP Morgan Asset Management.

Plan participants born after 2000 raised their retirement contributions and invested in cryptocurrency and non-fungible tokens at higher rates than adjacent age cohorts, according to recent research.

The Department of Labor’s complaint may indicate health care regulations are going the way of rules for retirement plans.