The Senate on March 10 approved Lori Chavez-DeRemer to serve as the new Secretary of Labor. Chavez-DeRemer earlier served as a member of the U.S. House of Representative for Oregon’s 5th District. She ...
On March 10, Janet Dhillon was nominated to serve as the next Director of the Pension Benefit Guaranty Corporation (PBGC). Her nomination is now being considered by the Senate Finance Committee and ...
There are sweeping claims in a new suit makes regarding fiduciary breaches involving excessive fees, inappropriate share classes, bad target-date fund choices, as well as misuse of plan forfeitures ...
Recently, a reader brought to my attention an episode of Jim Cramer’s “Mad Money” — an episode wherein he referred to the 401(k) as a “mixed” bag. In it, he acknowledged the benefits of tax deferral, ...
It was a cold winter in most of the country — just ask the Floridians who had to shovel inches of snow to reach the orange trees. And the chill extended to California — at least as far as CalSavers is ...
Private-sector retirement coverage offers a wide range of options for building a financially secure retirement. But any system can sometimes benefit from some fine-tuning. An expert panel offers their ...
Financing retirement is more than just saving. Augmenting those savings with additional revenue — for instance, through retirement income vehicles — is one way to do that. Industry experts offer some ...
A policy memo from the Trump administration calls on the Secretary of Labor to “publish updated fiduciary standards” as it relates to investment in and by “foreign adversaries.” The Feb. 21 policy ...
On March 5, the Social Security Administration (SSA) announced that beneficiaries affected by the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) should expect “higher ...
Vesting schedules — often used to enhance greater employee retention — actually do little to nothing to achieve that goal, says recent research by Vanguard. IRS rules require defined contribution ...
More than half of U.S. households had retirement accounts in a just-released study by the Congressional Research Service. That’s 54%, to be exact, according to the CRS in “Distribution of Retirement ...
The Employee Benefits Security Administration’s (EBSA) probationary employees who were fired on Feb. 21 will be reinstated on Monday, March 10, according to a source. The reinstatement order is ...