The proposed regulation would “confirm that ERISA requires plan fiduciaries to select investments and investment courses of action based solely on financial considerations relevant to the risk-adjusted economic...
One option provides a ‘bridge’ while the participant secures new employment; the other provides the bridge followed by full repayment if the participant remains unemployed.
IRS Notice 2020-51 answers questions regarding the waiver of required minimum distributions (RMDs) for 2020 under the Coronavirus Aid, Relief and Economic Security (CARES) Act.
Participants nearing retirement are often approached by sources unrelated to the employer’s plan—some predatory. Reminding them of the work plan sponsors do can help keep them safe.
Together with Savi, TIAA has launched a program that helps employees reduce their monthly payments and qualify over time for the federal Public Service Loan Forgiveness (PSLF) program.
Nearly three in 10 participants surveyed were either unaware of whether help was available or perceived that it was not, but providers say the resources are there.
The average Charles Schwab self-directed brokerage account balance was down 14% from the end of 2019, and those participants who used advisers displayed a more diversified asset allocation...
The pandemic may put a wrench in some participants’ plans to retire, but others may be more prepared than they think. How can plan sponsors help them decide?
Wagner Law Group appoints ERISA attorney to ‘of counsel’; Financial Fitness promotes former executive VP; ProManage adds senior VP and consultant; and more.
The plaintiffs in the lawsuit were waiting on distributions of their account valued at the end of last year when plan fiduciaries ordered a special valuation due to...
Notice 2020-50 expands the definition of who is a qualified individual to take into account additional factors such as reductions in pay, rescissions of job offers and delayed...
A pension fund challenged the use of the Segal Blend to assess its withdrawal liability from a multiemployer plan instead of the interest rate it used to determine...