The GAO notes that the IRS has not taken action to ensure that individuals who claim retirement savings from a state can roll over these savings to other tax-deferred retirement accounts after the IRS’s 60-day deadline, and is concerned that, "Account owners who are unable to roll over their reclaimed savings forgo the opportunity to continue investing the funds on a tax-deferred basis.”

The lawsuit accuses Fidelity of requiring "secret" payments from funds to make up for declining amounts of revenue sharing payments received by the firm as a result of the increasing use of passive mutual funds, institutional and R6 share classes of mutual funds and collective trusts

Fiduciary defendants were accused of allowing unreasonable expenses to be charged to participants for administration of the plan and of retaining high-cost and poor-performing investments.

The program will contain both aggressive and conservative portfolios, both dependent on years before a participant plans to retire.  

In the first three quarters of 2018, only 2.2% of participant stopped contributing to their plans, ICI data shows.

A new survey report from LIMRA Secure Retirement Institute finds four in ten black Americans suggested that they feel they don’t have enough money to work with a financial adviser.

Plaintiffs' claims over retirement plan investment and administration fees against the University of Southern California may now proceed.

In addition, the agency is holding a three-day webcast series in March.

Principal Flash Briefing, the firm’s financial wellness platform, relies on Alexa.

They may be grappling with debt for decades to come, according to Nationwide Advisory Solutions.

The optional living benefit rider is available within Lincoln variable annuities and is designed to help maximize income on qualified money.

In addition, the company will select a non-proprietary target-date fund (TDF) for its 401(k) investment lineup and increase the company match contribution rate for three years.