State-Run Retirement Plans Seeing Some Effects From Pandemic
Directors with state-run plans in California and Illinois discussed details of their programs and changes caused by the COVID-19 pandemic.
Latest News
Benefits |
There Are Ways for FSA Holders to Make Use of Their Accounts
The CARES Act has expanded the number of medical devices and medicines the funds can be used to buy, and telehealth is also an option.
Products |
Ascensus Mobile App Will Aid Participants With Savings Decisions
As employees make savings decisions, the app—available this summer—will offer illustrations of what those elections might mean for future progress.
Products |
John Hancock Introduces Retirement Planner Tool
The digital tool helps participants project their own retirement readiness and model the impact of taking different steps to improve it.
Products |
Groups Offer Guide to Establish Employer Financial Wellness Program
The guide provides employers with the tools, resources and strategies they need to provide the best financial wellness programming for their employees.
Products |
SAVVI Financial Offers Short-Term Financial Planning Tool
Planning Assistant is designed specifically for the COVID-19 crisis and takes into account the latest CARES Act rules and resources available.
Heroes Act Now In the Hands of a Skeptical Senate
The Heroes Act, passed by a narrow majority in the House, includes union pension partition relief and a waiver for the reinvestment of 2019 and 2020 RMDs.
Share Class Issues Cited in ManTech ERISA Lawsuit
The new complaint closely resembles others that have been filed by the Capozzi Adler P.C. law firm.
Like U.S. Corporations, U.S. Nonprofits Remain Shy About ESG Investing
Even in very mission-driven organizations, there is enough diversity of opinion to make consensus on how to define environmental and social responsibility quite difficult.
Advancing DC Plan Design
Many features are working to help DC plan participants grow their savings, so it’s time to look at investments for the next element of design evolution.
New Mexico Passes State-Run Retirement Program Legislation
The legislation provides for a state-run auto-IRA program as well as a marketplace from which employers can choose low-cost retirement savings plans.
Partitions May Be the Union Pension Funding Crisis Solution
There is bipartisan support building around the idea of allowing the most stressed union pensions to enact “partitions” in order to remain solvent, but the real challenge is...
Benefits |
Employers Are Beefing Up Financial Wellness Programs
The coronavirus pandemic has exposed workers’ need for financial coaching and for employers to offer resources.
Retirement Industry People Moves
Former principal joins Cohen & Buckmann as senior counsel; SMArtX selects president and COO; and Heartland Retirement Plan Services hires business development leader.
CARES Act May Help DB Plans Avoid Funding-Based Limitations
DB plan sponsors can use help provided in the CARES Act and take other actions to avoid falling into funded status zones that would impact benefits.
Public DBs May Lose Ground on Funding Progress
However, all but the worst-funded plans will maintain sufficient assets from which to pay benefits, a study finds.
Products |
PeopleKeep Introduces HRA Product for Employers With Group Health Plans
Employers offering group health plans can supplement their employees’ out-of-pocket expenses tax--free.
Products |
Investment Product and Service Launches
DWS Group renames fixed income ETFs and MassMutual and NextCapital offer managed advice solution.
Gen Z Outpacing Other Age Groups in Saving
Steered by the Great Recession and now COVID-19, the youngest working generation is driven to be financially aware and well.
Judge Permits BBVA ERISA Money Market Lawsuit to Proceed
The lawsuit accuses BBVA of mismanaging a $100 million money market fund ‘that was the investment equivalent of stuffing cash into a mattress.’ The interim ruling highlights the...