The online retailer has been hit with a class action lawsuit, alleging it violated its ERISA fiduciary duties by using forfeited 401(k) funds to offset the company's own contributions instead of reducing administrative fees for over 20,000 participants.
A recent case clarifies a significant legal principle that owners of businesses that are obligated to contribute to multiemployer pension plans (MEP) must know.
The “Confident Conversations on Retirement” podcast hosts offer employers some tangible strategies to best equip their employees with the knowledge and insight they need to help navigate the complexities of retirement planning.
The Retirement Simplification and Clarity Act, which would provide pre-retirees with a more streamlined process and flexibility to choose savings options right for them, was introduced on Capitol Hill yesterday.