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In a commentary this week, Julie Su opined about “nightmares that could become the norm in a country without a strong U.S. Department of Labor.”

Complying with the Consolidated Appropriations Act requires health plan fiduciaries to closely monitor the middlemen involved in administering their health plans.

Voya expands its target-date solutions with a CIT blend series; Congruent acquires IPX Retirement Edge; Vanguard launches a short-duration ETF; and more.

Many workers do not understand the benefits of delaying their claim of Social Security benefits and ‘full retirement age.’

Devenir data show there are more than 39 million health savings accounts in the U.S.

A lawsuit against Lockheed Martin over pension risk transfers it conducted with Athene will continue, whereas a similar lawsuit against Alcoa Corp. was dismissed.

Without these tax credits, the Urban Institute estimated that enrollment in ACA policies would decline by more than 7 million.

Experts recommend retirement plans conduct fiduciary education and training sessions at least annually and any time a new member joins the plan committee.

While outsourcing advisers or consultants can help relieve plan sponsors’ administrative tasks, it does not absolve them of fiduciary responsibility.

Who are retirement plan fiduciaries and what does ERISA require them to do?

Plan fiduciaries have been accused of failing to prudently invest cash held in employee stock ownership plan trusts in recent cases.

In his annual chairman’s letter, Larry Fink wrote about the benefits of infrastructure investment in an attempt to ‘cut through the fog’ and influence 401(k) providers.

The advocacy group hopes to close the financial education gap and help young people learn ‘real-world’ financial skills.

LPL said it signed the deal March 28, and anticipates closing in the second half of 2025. 

Borrowers who have not begun making payments on federal student loans are being reported as delinquent to credit reporting agencies, causing more financial strain for employees.

MissionSquare Retirement hires a new vice president and head of firm strategy; IRI elects a new board chair; Janus Henderson hires a head of North America Institutional; and...

Financial Finesse and SecureSave announce partnership;  Lincoln Financial expands solutions available in WellnessPATH Marketplace; Pharmacy benefits manager offers “Savings Guarantee,” and more. 

The SSA extended, for two weeks, the launch of new identity-proofing requirements and made an exception for those applying for certain services.

74% of those surveyed believe anxiety, caused by the current global political and social environment, leads to burnout at work. 

Households with Roth IRAs were found to contribute more to their accounts than were those with traditional IRAs, a new report from the Congressional Research Service found.