While saving for retirement is the top-ranked financial goal for employees overall, young and lower income employees rank paying off credit card debt as their top financial goal, according to a Bank of America report.

An estimated 80% of plan sponsors are overpaying administrative and investment fees due to failure to benchmark their plans annually, according to Steven Abernathy, Principal and Chairman of Abernathy Daley 401K Consultants.

There's a push by Congress, spearheaded by ranking committee member Sen. Tim Scott, to include the ability for 403(b) plans to use the low-cost CIT investment options that many 401(k) plans use today.

When asked what solutions would increase their confidence in their retirement plans, workers' top response was an in-plan protected retirement solution, says Cathy Marasco at Nationwide, which published a new Protected Retirement survey.

The DOL's new Retirement Security Rule, which had been set to become effective Sept. 23, will remain on hold as appeals will be heard by the 5th Circuit, which blocked the previous Obama-era fiduciary rule.

In latest SEC investigation, 11 firms will pay more than $88 million to settle charges related to off-channel texting communications and widespread recordkeeping failures against investment advisors and broker-dealers.

As Trump-era tax policy nears its expiration date, the CFP Board and other financial trade groups urge the House Ways and Means Committee to reinstate tax incentives for workers seeking financial advice.

As President Biden's 12-month student loan payment "on-ramp" comes to an end next week, borrowers in all 50 states need to make student loan payments ASAP: Here are the states that hold the most student debt.