Retirement Advisor

This marks the second biggest change this week to Biden-era Labor Department retirement plan investment rules, after the DOL announced it is rolling back its investment warning on allowing crypto in 401(k)s.

Integrated wellbeing programs are not just a benefit to employees; they are a business strategy that creates lasting value for employers and employees.

Seventy-nine percent of employees are more concerned about the economy than they were a year ago with meaningful communication from leadership notably absent.

As President Trump mulls an executive order that would let private equity into 401(k) plans, DOL gave crypto a huge push forward by rolling back a Biden-era warning to fiduciaries.

Now, the health insurer is facing a second 401(k) suit this year, alleging forfeited funds from departing employees were improperly used, after settling another 401(k) lawsuit in December for a record $69 million.

In 2022, the Department of Labor warned fiduciaries to “exercise extreme care” before adding a cryptocurrency option to their plans, however, today the agency has rescinded that guidance.

This new legislation would ensure that small businesses can receive at least a $2,500 tax credit to help pay for the costs of creating retirement accounts. 

Nearly half of all U.S. adults said they’ve skipped or avoided doctor appointments, missed routine screenings or put off seeing a specialist due to high costs.