It’s a way to ensure its staff is properly onboarded with the appropriate training and expertise, and that they have access to the right tools to create long-term success within the company.

The Department of Labor’s Employee Benefits Security Administration on May 28 announced that it has rescinded a 2022 compliance notification that previously discouraged fiduciaries from including ...

In the case of a $100,000 rollover check, a two-week absence from the market during an upturn could cost $37,512 in lost ...

Bipartisan legislation to establish an automatic reenrollment safe harbor has been reintroduced by two key members of the Senate Health, Education, Labor and Pensions (HELP) Committee in a bid to help ...

The best way to describe what a TPA does, said Hooker, is that they are “equivalent to being the CPA for the retirement plan,” adding that TPAs are focused on designing a plan around a plan sponsor.

In Alabama, literacy refers to more than the ability to read and write — it also encompasses finances. Alabama requires high school students to participate in its Career Preparedness curriculum, and ...

On May 22, the House of Representatives narrowly passed the “One Big Beautiful Bill Act” — legislation that would extend the expiring provisions of the Tax Cuts and Jobs Act (TCJA) and provide ...

A majority of plan sponsors like the idea of an employee choice program through which part — or all — of an employer’s typical retirement plan contribution can be allocated to a benefit plan a ...

Late on May 20, the House Financial Services Committee approved legislation that would allow 403 (b) plans to include collective investment trusts (CITs) as part of their investment lineup.

DeRemer, the recently confirmed Secretary of Labor, gave the keynote address at The ESOP Association (TEA) National Conference in Washington, DC on Friday. It was her first public speech directly ...

The suit had also alleged a failure to monitor the plan’s recordkeeping fees, which they claimed should have been $25-$30 per participant (versus allegedly paying $62.46 – $81.48, or $160 considering ...

Victims of domestic violence can withdraw the lesser of $10,000 or 50% of their vested balance across all of their plans. They must claim and self-certify within one year. In the absence of any ...