Could plan fiduciaries violate their duty of loyalty to plan participants despite a prudent process? A recent federal judge says yes — Nevin (Adams) & Fred (Reish) discuss. Participant-plaintiff (and ...

Benefit plans, participants, and beneficiaries received more than $1 billion due to recoveries the Department of Labor’s Employee Benefits Security Administration (EBSA) made in fiscal year 2024. More ...

This article examines the process of selecting the applicable month, or lookback month, that determines the segment rates utilized in actuarial valuations to value 404(o) funding targets and target ...

The 401(k) plan of yet another national employer has been sued for a fiduciary breach for the “wrongful use, for their own benefit, of assets in their employees' 401k retirement plan.” More ...

I have worked as an actuary for most of my life and as such have been involved, in one way or another, with thousands of qualified retirement plans over the years. “Qualified” means that the plans are ...

The Plan Sponsor Council of America (PSCA) has been tracking interest in the optional SECURE 2.0 Act provisions since it was enacted to be able to report on what plan sponsors are enacting, and what ...

Gen X is all too frequently overlooked in surveys — but in (too) many ways, it appears they’re not all that unique, and have interesting perspectives on retirement readiness and saving. Gen X is all ...

Well, more accurately, the agING. The storied program that celebrates its 90th birthday this year, and the private-sector plans that are indispensable to financing retirement, interact in a most ...

The leadership of the Senate Committee on Health, Education, Labor and Pensions (HELP) during a Jan. 22 hearing discussed some key priorities for the committee for this session of Congress — and ...