Following a "wrongful use" of 401(k) forfeited funds lawsuit filed in January, the banking giant is now being sued by employees over $2.4 million in plan assets that were invested in an in-house stable value fund.
The Consolidated Appropriations Act of 2022's Gag Clause Prohibition has caused confusion, but plan sponsors need to understand the CAA and demand access to the information and data.
Nearly half “strongly agree” or “agree” that their retirement plan savings are the only significant emergency savings they have, an increase from 43% in January 2023.
March Madness is here, and while us basketball fans are focused on brackets and buzzer-beaters, there’s another kind of strategic play happening in our industry.
The success of the Pancakes for Roger campaign isn’t measured in dollars raised or photos collected. It’s about the stories people share, the memories they honor, and the way this tradition continues to bring people together.
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The Prescription Drug Problem & PBM Reform
A new federal appeals court decision could affect how easily patients or others can sue employer-sponsored health plans and their administrators over benefits decisions in state court.
Today’s employees, especially those who are early into careers, are looking for employers to help support them beyond saving for retirement and the basics.
An Ohio jury has awarded Medical Mutual of Ohio more than $50 million in damages in its lawsuit against FrontPath Health Coalition and HealthScope Benefits, a subsidiary of UnitedHealthcare. FrontPath offers employee benefits solutions, and HealthScope is a third-party administrator.
It’s no secret that women earn less than men in the workforce, but what people forget to recognize is this pay disparity compounds over time, leading to retirement inequities.