Plaintiff’s alternative reading of ERISA, which posits that it is illegal to use forfeitures to cover the cost of employer contributions, flies in the face of this well-established practice, as well ...
How focused are you on the nonqualified plan space? It’s rapidly expanding and can significantly boost your business by better serving your retirement plan clients. NAPA’s Nonqualified Plan Consultant ...
Aided by consistent growth and favorable market conditions, HSA assets expanded significantly during 2024, according to Devenir’s 29th semi-annual Health Savings Account survey.
A similar, if not identical, case from a different federal judge in a different federal court draws a different conclusion in an ERISA suit involving a pension risk transfer.
A common question that arises at this time of the year relates to the timing of making deductible contributions to a qualified plan.
ERISA litigation continues at a rapid pace, with new genres and targets surfacing regularly, resulting in massive settlement numbers, but are there steps that can be taken to reform the system?
In a nod to the crypto industry, Sen. Tommy Tuberville (R-Ala.) and Rep. Byron Donalds (R-Fla.) have reproposed legislation that would prohibit the Labor Secretary from restricting the investments ...
“Put simply,” he concluded, “because Plaintiffs never allege that Athene is substantially likely to fail — just that it is at a greater risk of failure than its competitors — they have failed to ...
The DOL issued Field Assistance Bulletin 2025-02 on April 3 to address issues that have arisen concerning annual funding notices in light of the enactment of SECURE 2.0.
Sure, it will probably be more work, and generate fewer clicks,” commented one industry source, “but it’s the right thing to do.” ...
Voya Financial recently announced the launch of a new target date blend series comprised of collective investment trusts (CITs) trusteed by Great Gray Trust Company.
Responding to a call from an advisor in Minnesota, the ERISA consultants at the Retirement Learning Center (RLC) address a question concerning highly compensated employees (HCEs) and actual deferral ...
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