45 results found

In a bit of good news for plan sponsors, the IRS announced in Notice 2022-33 on August 3, 2022, that it is extending upcoming plan amendment deadlines under the Setting Every Community...

The SEC Department of Examinations (DOE) released a Risk Alert yesterday, that the staff will "conduct a number of specific national initiatives" in addition to broad review through examinations...

Plan sponsors and the pension community have waited a long time for SECURE 2.0 to be enacted despite the fact that it had bipartisan support.

The Department of Labor's compliance assistance release on cryptocurrency (CAR 2022-01) issued earlier this year was controversial and resulted in a lawsuit by provider ForUsAll...

Continuing with our series of posts about SECURE 2.0, some portions of the new law will significantly increase the flexibility of 401(k) plans to encourage more workers...

It took a long time, but SECURE 2.0 finally became law at the end of last year. And it has the potential to affect workplace retirement savings in a big way.

Beginning in 2024, SECURE 2.0 significantly changes the rules for catch-up contributions. Section 603 of SECURE 2.0 requires plans that permit...

Last year's Consolidated Appropriations Act included the most comprehensive pension reform since 2006, though not all of the provisions are effective in 2023. Many changes affect 401(k) plans...

Heads are spinning over the changing rules governing ESG investing. Investments that take into account environmental, social and governance (ESG) factors have become a political hot potato...

There is a line between using participant contact information to reach out to assist and educate participants and using participant contacts for the purpose...

The United States Federal Trade Commission (FTC) has proposed a new national rule banning non-compete clauses between workers and their employers, including requiring all previously...

Plan litigation looks poised to set new records in 2020, and DOL enforcement recoveries are on the rise.

Plan sponsors and recordkeepers breathed a sigh of relief when the start date for complying with SECURE 2.0's Roth catch-up contribution requirement was delayed until 2026.

Much is being written about how SECURE 2.0 affects 401(k) plans, the most popular type of qualified plan today. Certainly there are important changes in store for 401(k) plans, including...

The army of internet thieves doesn't spare retirement plans. Several lawsuits have been filed against plan sponsors and their recordkeepers, including Estee Lauder, Abbott Laboratories, and recordkeeper Alight.

A new report in Investment News should be an eyeopener for sponsors of 401(k) and 403(b) plans who haven't yet gotten the message that even responsible fiduciaries can be sued.

Identity theft is a recurring issue for financial firms, such as Investment Advisers and Broker Dealers, and their clients. Every year, individuals and firms experience monetary losses...