Bills have been introduced in both the House and Senate that would adjust the formula to avoid a drop in benefits for those who turn 60 this year
It's getting harder for advisers who don't specialize in 401(k) plans to dabble in an industry littered with regulatory and legal land mines
The deal brings the firm's retirement plan AUM to a reported $50 billion
Sen. Patty Murray recently requested a session on DOL’s investment advice measure
The company is among the latest targeted in a wave of ERISA litigation this year
COVID-19 could have long-term consequences for Americans' retirement security, says the Secure Retirement Institute
The proposed restrictions on environmental, social and governance funds in 401(k)s would perpetuate racial discrimination, a group of lawmakers wrote
Weighing policy options to maintain coverage at an affordable price
Record keepers expect figures in the third quarter to be down 22% from a year earlier, according to a report from the Secure Retirement Institute
The company will consider some loan repayments as contributions toward reaching the employer match
Sponsors have interest in adding them to their retirement plan documents, but the courts are up in the air, lawyers said
Will a wife lose all of her Social Security benefits due to increased Medicare premiums triggered by her husband’s severance package?
While not exactly novel, the legislation is a sound first step toward getting Main Street investors the tools they need
The agreement is separate from a $25 million settlement reached in a similar suit brought in 2016
People who aren't prepared for retirement at age 62 aren't more likely than others to keep working, but those who do tend to benefit financially, a recent paper found
Paychex, Astellas and Aon were recently sued, and the $12.4 million settlement in a Northrop Grumman suit has been held up
Retirement plan advisers should heed the implications of the deal
COVID-related job losses this year could reduce Social Security benefits for millions of people born in 1960
The Treasury would build a national account-tracking system, under bipartisan legislation co-sponsored by Sen. Elizabeth Warren
The settlement resolves a class-action case that alleged the firm breached its fiduciary responsibility to plan participants
