Happy Friday afternoon! It's tax time, and some of our coverage this week offered guidance to employers for helping employees with filing their taxes. In addition, we reported about two pieces of research that suggest the stock market volatility will not affect most participants’ expected retirement date, and wellness program incentives framed as a loss will get more results. Read about these things and more in this edition of PLANSPONSOR Weekend.
Even cases that allege potential wrongdoing on the part of a service provider are often targeted exclusively at the plan sponsor. Not so in the latest suit filed by the law firm Schlichter Bogard & Denton.
There are plan designs that decrease the risk and volatility for plan sponsors, and defined benefit plans offer the guaranteed lifetime income participants desire.
