Federal employees and contractors would be able to take retirement account distributions without penalty and be able to repay the distributions to their accounts.
Based on the ERISApedia.com Market-Based Portfolio Model, the optimal number of investment categories is between 12 and 20.
In addition to asking the high court to weigh in on whether the plaintiff or the defendant bears the burden of proof on loss causation under ERISA, Putnam asked the court to determine whether showing that particular investment options did not perform as well as a set of index funds selected by the plaintiffs with the benefit of hindsight, suffices as a matter of law to establish “losses to the plan.”
PBGC has worked with Sears for several years to improve funding for the company’s plans.
INSIDE THE MAGAZINE PLANSPONSOR December 2018 – January 2019
Legislative proposals could pave the way for increased access to workplace retirement savings plans in 2019, LIMRA says.
Super Bowl 53 (LIII) is February 3.
Franklin Templeton is rolling out R6 shares for health savings accounts, while Principal has announced its first collaboration with an HSA provider.
The top reason cited for not offering an annuity-type product in defined contribution plans is being uncomfortable or unclear about the fiduciary implications.
Callan’s 2019 Defined Contribution (DC) Trends Survey finds more plan sponsors have conducted fee benchmarking, there’s a shift in who is paying fees and trends regarding revenue sharing have changed.
The settlement agreement calls for a gross monetary payment of $10.65 million to a settlement fund and other non-monetary actions by Duke University.
Jack Bogle set out to prove that mutual funds could operate independently, and do so in a manner that would directly benefit their shareholders; he said this was necessary to address “major corporate conflict” inherent to the traditional approach to stock fund investing.