Relief is provided for verification requirements for loans and distributions and timing for forwarding contributions and loan repayments, among other things.
Extended time limits disregard the period from March 1 until 60 days after the announced end of the national emergency or such other date announced by the agencies...
The legislation would allow employees to defer 300% of the current statutory limit or 100% of compensation, whichever is less, to DC plans for the 2020 calendar year.
Under the county code, employee contribution rates were based on age at entry into the retirement system, with older employees paying higher rates than younger members for the...
To avoid failing ADP and ACP testing, industry experts recommend employers utilize mid- or quarter-year projection testing. Doing so can foresee outcomes.
The underlying lawsuit, which is also undergoing concurrent arbitration, claims the InterContinental Hotels Group owes accelerated withdrawal payments to a national union pension plan.
Denying a motion to dismiss the suit, a judge pointed out the difference between it and others cited by the defense which challenged investments from which participants could...
Under the terms of the proposed settlement, Putnam will pay a gross settlement of $12.5 million into a common fund for the benefit of settlement class, which numbers...
The lawsuit alleges plan fiduciaries failed to use the lowest cost share class for many of the mutual funds within the plan and failed to consider lower-cost investment...
The matter with the New York State Department of Financial Services has been resolved with the fine and a transfer of transactions to Athene’s New York-based subsidiary.
This new challenge is being filed in a different district court and claims that the participant has not signed an arbitration agreement of the type that could stymie...
According to the lawsuit, an unknown user accessed the plaintiff’s stock plan account by exploiting the ‘forgot password’ option and impersonating the plaintiff over the course of several...