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.
The Social Security Reform Act of 2016, sponsored by Rep. Sam Johnson, R-TX, would begin increasing the eligibility age for benefits beginning in 2023, until the retirement age reached 69 by 2030 and eliminates COLAs for some beneficiaries beginning in 2019.
Investor watchdog Mercer Bullard discusses the DOL rule, the Dodd-Frank Act, what Social Security is and isnt and his idea for a standardized annuity to avert elder financial exploitation.
Thanks to the fiduciary rule, lawsuits against it as well as against 401(k) and 403(b) plans, 2016 may go down as the most consequential year for the retirement market on record. What were the most important stories to you?
To qualify for the DOL's extended safe harbor and offer a government-run IRA, a city or county must have a population at least as large as that of the least populous state, Wyoming.
Now that a federal appeals court has denied NAFAs emergency motion to delay the fiduciary rule, the organization may have to seek an expedited appeal, one expert says.