The new guidance follows a new provision in SECURE 2.0, allowing employees to withdraw $1,000 from their retirement accounts for medical care or "any other necessary emergency personal expenses," according to the IRS.
Because of the recent Supreme Court decision to overturn 40 years of federal agency deference, the appellate court ruled that the ESG case should go back to the Texas judge who originally heard the case.
The National Community Pharmacists Association, along with 39 providers from multiple states, filed a class action lawsuit on Friday against UnitedHealth Group for losses resulting from the massive cyber-attack earlier this year.
Even while the Supreme Court is deciding the fate of President Joe Biden's blockbuster SAVE student loan program, he announced today another $1.2 billion in student loan forgiveness, bringing the administration's total to nearly $169 billion.
Highmark Blue Cross Blue Shield and other insurers have teamed up with HealthSherpa to launch the Member Defense Network, an initiative to thwart unauthorized Obamacare sign-ups and plan switches.
Nearly two in five (37%) of Americans can't afford an unexpected expense over $400, and almost a quarter (21%) have no emergency savings at all, according to a new Empower survey.
Financial wellness programs are a vital part of the overall retirement discussion because financial stress has long-term implications for employees and employers, according to a panel of retirement industry experts.
Eight different surveys – conducted by AARP, Goldman Sachs and the Employee Benefits Retirement Institute, and others – show that retirement anxiety ranges from a high of 71% to a low of 32%.