The deal would bring Personal Capital's online and human adviser services to Empower's retirement plan business
In a letter to a U.S. appeals court, the Department of Labor again argues that the state-sponsored auto IRA is preempted by ERISA
Less than 5% of participants have taken distributions related to COVID-19, several surveys show
Only 0.1% of plan assets are in ESG-specific funds, but many, if not most, investment products have integrated ESG criteria
Those who took required minimum distributions in January are allowed to undo them, and the timeframe for doing so extends through Aug. 31
The agency argued a fiduciary responsibility involves focusing solely on returns for participants
The agency is delaying lump-sum payouts of back benefits amid the pandemic
The company will be one of the first provide the plan type outlined in the SECURE Act
But only if retirement plan advisers lead the way
Participants in the $557 billion Thrift Savings Plan will have many more target-date vintages available to them starting in July
The product includes five glide paths and can include investment options that are already on plan menus
Receiving Social Security benefits on someone else’s earnings record.
A bipartisan bill to amend the Internal Revenue Code hints at more attention to the issue, according to a report from Morningstar
The guidance allows more people to withdraw funds penalty-free from their retirement savings
U.S. regulators dropped the ball in a recent letter clarifying that regulations do not prohibit the use of private equity funds in 401(k) plans
Only 15% of participants in the survey said they received messages through mobile apps at the beginning of the COVID-19 crisis
The Texas couple made 90 unauthorized distributions from pension and retirement plans they ran
Economic conditions have made the products less attractive than they were last year, with one exception
The agency is likely collecting data to shape a proposed rule on investment selection
The investment manager's plan included a poorly performing, high-fee product, the plaintiff alleged
