Retirement Regulation

A bipartisan group of House members has reintroduced the Retirement Investment in Small Employers (RISE) Act.

Although plan documents stipulate that these expenses would be paid by the company or from forfeited matching contributions, the plaintiffs allege that Ford instead paid them from the plan assets of participants.

Employers and employees could contribute to tax-advantaged accounts to fund education and training expenses.

Rising gas prices pushed one new estimate for retirees' annual raise to 4.2%, up from 2.8% this year.

Janus Henderson<br/><br/> US (Holdings) Inc. has agreed to a $6.5 million settlement to resolve a proposed class action alleging that its 401(k) retirement plan improperly favored proprietary investment funds, according to filings in the U.S. District Court for the District of Colorado.

Stifel Financial violated the Employee Retirement Income Security Act by retaining two underperforming retirement plan funds, plaintiffs allege in a class-action lawsuit filed in U.S. District Court for the Eastern District of Missouri.