The best programs include financial coaching, including one-on-one sessions, and are appealing to employees, experts say.
Even before the COVID-19 pandemic hit the U.S. in February 2020, 52% of employees felt stressed, according to a PLANSPONSOR webinar.
They can reduce volatility and provide higher returns than other assets, and cash flow needs can be still be managed while using these generally illiquid investments.
And now it's time for some FRIDAY FUN!
A district court has ruled that plaintiffs have raised sufficient factual questions to make preliminary dismissal of their challenge inappropriate—though the defense did succeed in striking one count.
Claims in a lawsuit against Konica Minolta were significantly pared down and all claims against the company’s board were dismissed for failure to find it was a fiduciary with respect to alleged actions.
In the palm of their hand, users can access their accounts, income projections, goals and advice.
Twenty percent of employers never require employees to change their passwords, a survey finds.
Experts say COVID-19 could open the door to new a new category of ERISA lawsuits.
Attorneys say the requests plan fiduciaries have received ask for a broad amount of information and documentation, and they urge fiduciaries to act on the DOL’s recent guidance.
The primary distinction is that sponsors can design safe harbor plans to avoid having to perform nondiscrimination and top-heavy testing.
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.