Compliance

The events will offer information about disclosure requirements and other obligations for retirement and health benefit plans.

That’s despite citing profitability and plan cost among their chief reasons for not starting a plan.

The Pension Benefit Guaranty Corporation has escalated legal proceedings against a pension plan sponsor that allegedly stopped paying insurance premiums, filing Form 5500s and paying beneficiaries.  

The legislation would create a savings program for children in qualifying families, with funds available to be withdrawn for higher education, business creation and home purchase.

The plan’s matching rate is 5%, and the TSP increased the automatic enrollment contribution to 5% of income in 2020.

It’s still a work in progress, as a legislative proposal makes its way through Congress.

A restraining order has been filed in the Department of Labor lawsuit against Pennsylvania third-party administrator RiversEdge.

The construction pension fund was 30.25% funded at the end of 2022.

SECURE 2.0 requires part-timers to be made eligible for elective contributions after two years of service.

Aon misrepresented the source of inaccurate performance data it provided to the fund.

PLESAs can address liquidity concerns for workers, one of SECURE 2.0’s co-authors argued at the EBRI-Milken Retirement Symposium.

Speakers review what the wide-ranging retirement law means for higher education, nonprofit, health care and government employers.

Automatic features and the saver’s match will bring more security to those currently in their 30s than those in their 50s, EBRI research finds.

The changes include more explicit criteria and modified definitions of what it means to be an independent fiduciary and appraiser.

Service providers could charge a fee directly to an IRA owner for executing a transfer to their new qualified plan.

Maine federal judge approves agreement reached between the Department of Labor and a Maine excavation company that was shuttered in 1991, terminating the plan. 

The proposal would implement a SECURE 2.0 provision intended to make it easier to transfer money between DC plans to limit leakage.

Republicans appeal to the U.S. 5th Circuit Court of Appeals, requesting it strike down the rule that permits environmental, social and governance factors to be considered when selecting...

Federal agencies are looking for comments on how to make overall improvements to the current disclosure and reporting system. 

The biggest costs would come from disclosure requirements related to rollover decisions, according to a survey commissioned by a financial industry group.