The nominee to head Employee Benefits Security Administration could receive full Senate confirmation later this month.
Many advisers are telling clients to wait until the smoke clears on Capitol Hill before making major tax planning decisions.
PSCA found that more nonprofits want to provide financial wellness services to participants, as well as retirement income options.
The plaintiffs failed to make any factual allegations about the Adidas plan sponsor’s process of selecting investments, the magistrate judge noted.
The retirement plan consulting firm is partnering with Newport Group on the PEP, which it says will be available to employers of all sizes.
DPL added 11 more multi-year guaranteed annuities, or MYGAs, to its commission-free marketplace, which previously included a single product in that category.
The start of the 2020s has been dominated by the three Cs — Covid, convergence and consolidation. Government mandates could cause the small and startup plan market to explode, and RPA consolidation has blown up.
Plaintiffs in a 2020 class-action lawsuit claimed the school failed to select competitive investments and administrative services.
Jason Roberts and Pete Swisher started Group Plan Systems to let investment managers offer PEPs to clients.
State Street's product is far from being the first in the DC market — but the plans using it are potentially the largest to opt for a target-date series paired with an insurance feature.
The pandemic is boosting retirement among baby boomers, as well as their questions about when to claim benefits.
The firm is boosting its matching contributions to retirement accounts for U.S. workers and eliminating the one-year waiting period for contributions for new joiners.
VCA participants paid annual record-keeping fees of up to $105, while some comparably sized 401(k)s have fees closer to $38, plaintiffs claim.
The Labor Department's Employee Benefits Security Administration recovered about $2.4 billion in fiscal 2021, down from $3.1 billion a year prior.
MarylandSaves will automatically make payments to account holders when they reach 'retirement age,' unless they specify otherwise.
Southcoast Hospitals Group is one of many retirement plan sponsors targeted last year in class-action litigation brought by law firm Capozzi Adler.
November is National Family Caregivers Month, celebrating the more than 53 million people in the U.S. who currently provide unpaid care to a relative or friend.
Unlike any other industry event, the RPA Aggregator event had no agenda. All participants were focused on the defined-contribution industry’s biggest opportunities and challenges.
CITs are on track to surpass mutual funds in target-date assets. Participants in 401(k)s that use CITs often stand to save a few basis points or more.
Many retirement plan sponsors are on record in support of addressing racial inequity, especially for those with a millennial workforce.
