With 401(k) litigation increasing, plan advisors and plan sponsors need to know the latest laws as well as strategies attorneys are using to sue employers and advisors. BenefitsPRO's legal coverage includes news, analysis and updates on cases.
States have been working to fix retirement savings shortfalls at the state level for several years -- Congress's recent rollback of the safe harbor isn't going to stop some of them.
The safe harbor met fierce criticism from the financial services industry, while some Democrats said the GOP was going against states' rights by killing it.
LIMRAs small business employer report shows that a 'significant minority' of CT employers had not even heard of the state's law creating a retirement plan requirement for small business owners.
Congress is keeping its promise to fund health care for retired members of the United Mine Workers -- but the miners' pension fund still has a massive funding gap and help is not on the way.
As the GOP struggles to get the votes to roll back a DOL safe harbor for state-run retirement plans, state treasurers have entered the debate -- because states will have to foot the bill for poor retirees with little to no retirement savings.