Senators Introduce Legislation to Increase Retirement Savings Participation
The bill would allow periodic automatic reenrollment in workplace retirement plans for workers who opt out of contributions.
Tag: ERISA
TIAA Sued Over Alleged Mismanagement of Employee Retirement Funds
Former employees allege the retirement services provider breached its fiduciary duties by opting for high-cost investment options despite better alternatives.
California District Court Dismisses Forfeitures Class Action Against Kaiser Foundation
A federal judge dismissed the claim that the plan sponsor’s use of forfeited assets violated ERISA.
Do Both ERISA and the Internal Revenue Code Have Prohibited Transaction Rules?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Pentegra Fiduciary Breach Case Reaches Settlement in Principle
The parties agreed to a settlement in the second part of a case over prohibited transactions.
Judge Sides With Knight-Swift in ERISA 401(k) Forfeiture Case
The district court decision is the latest action in a flurry of cases concerning the alleged mismanagement of forfeited assets.
Supreme Court Denies Hearing for AT&T ERISA Case
The judges did not comment on the case, and the 9th Circuit’s remand to a California district court will stand.
ERISA Rules of the Road
Experts recommend retirement plans conduct fiduciary education and training sessions at least annually and any time a new member joins...
Fiduciary Basics for New Plan Sponsors
Who are retirement plan fiduciaries and what does ERISA require them to do?
Industry Groups Urge 11th Circuit to ‘Preserve Integrity of ERISA’ in Amicus Brief
The employer organizations are supporting Southern Co. Services, accused of using outdated assumptions when calculating retirees’ joint and survivor annuity...
ERISA Attorney Ian Lanoff Remembered as ‘Icon’ in Retirement Industry
Lanoff, who passed away on Sunday, played an important role in implementing ERISA and representing some of the nation’s largest...
Insider Threats: Are Disgruntled Employees a Cybersecurity Risk?
Limiting access, creating protocols aimed at keeping data safe can mitigate sabotage.
Can a Plan Sponsor Waive Account Fees for Small Accounts?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Opinions |
The Golden Anniversary of ERISA: Celebrating Progress and Charting the Future of Retirement Security
As we mark the 50th anniversary of the law, it is an opportune moment to reflect on its profound impact...
Tyson Foods Defeats 401(k) Lawsuit Alleging Excessive Recordkeeping Fees
Employees had accused the company of overcharging participants for bundled recordkeeper fees and failing to solicit competitive bids for lower-fee...
11th Circuit Sides With Home Depot in 401(k) Excessive Fee Lawsuit
Workers claiming Home Depot mismanaged their 401(k) plan investments saw the district court decision in Home Depot’s favor affirmed on...
Benefits |
How Sponsors Should Consider Different Lifetime Income Options
Sponsors have both legal and practical ramifications to weigh.
Benefits |
Health Claim Denial Appeal Rates Should be Higher, Experts Argue
ERISA Advisory Council hears from experts about the reasons why health plan participants often fail to challenge denied claims.
Second Texas Federal Court Broadens Stay of DOL Retirement Security Rule
Decision in the American Council of Life Insurers’ case adds a stay on prohibited transaction rule.
2024 PLANSPONSOR National Conference On Demand
Recorded sessions provide valuable insights and education on plan administration and compliance, equipping plan sponsors with the knowledge needed to...