Defined Contribution

The class action lawsuit filed by employees who alleged they were shorted on pension payments, was originally dismissed after plaintiffs missed the 3-year deadline to file a fiduciary claim, however, the Labor Department came to the workers’ defense.

While financial experts acknowledge the panic many Americans are feeling about their 401(k)s since the stock market plummeted, most agree they are a solid long-term investment because most have a '60/40 account’ – 60% stocks and 40% stable investments, like bonds.

The Women’s Retirement Protection Act of 2025 was just reintroduced in both the House and Senate to help close the retirement gap and improve women’s financial security.

Fiserv CEO Frank Bisignano’s nomination was advanced by the Senate Finance Committee, despite strong opposition from Democrats who voiced concerns over his relationship with DOGE officials.

Both firms, and many more, have been sued by employees in class action lawsuits over the PRT deals made with insurance company Athene Annuity & Life, alleging the firm "breached their fiduciary duties," however, district courts issued split rulings on these 2 cases.

Larry Fink, CEO of the world’s largest asset management firm, said "unlocking private markets" is key, and asks investors in his annual letter, “If private assets perform so well, why aren't they in your 401(k)?”

The Plan Sponsor Council of America has launched 403(b) Day to effectively help nonprofit employers promote 403(b) plans and engage plan participants in retirement planning, similarly to 401(k) Day.

After an end to pandemic-era relief on student loans during the Biden administration, reporting of student loan delinquencies resumed Jan. 1, which will hit credit reports for missed payments beyond 90 days past due, according to new research.