Retirement Advisor

Just weeks after a federal judge dismissed an ERISA lawsuit against the company over allegations of excessive fees, another employee suit has been filed, claiming the 401(k) plan offered funds that performed worse than alternatives.

Pres. Joe Biden announced on Wednesday another $9 billion in new student-loan relief through improvements to income-driven repayment (IDR) and Public Service Loan Forgiveness - a move that will affect 125,000 Americans.

As SECURE 2.0 takes root in retirement plans, employers now believe that DC plans should be vehicles for retirement income generation, as well as financial wellness offerings like emergency savings programs, says a new survey.

With increased demand for personalized investment strategies, employers need to offer an array of education, tools and advice to support employees based on their diverse levels of financial confidence, says a new survey.

The SEC ruling is expected to make a determination of how companies will be required to report ESG metrics, including DEI metrics and policies, labor practices, recruitment and retention, and rewards and benefits.

The pause on federal student loans is ending and companies can play a part in the solution to the student debt crisis.

Employers can help employees improve their retirement readiness by encouraging them to engage with their 401(k) benefits, which might include access to retirement planning tools or meetings with financial advisors.

New state laws are attempting to solve a problem: Few private sector workers save for retirement without an employer-sponsored retirement plan, so it's important for small businesses to take steps now to set up a strategy.