However you feel about taxes and the Internal Revenue Service, odds are you’ve at least been tempted to find ways to pay less than the IRS seems to think you should.
The Internal Revenue Service has updated its regulations on the tax treatment of cash balance plans to include changes made by the Pension Protection Act (PPA).
U.S. lawyers are on track to bring about 58% more shareholder class action cases this year, Reuters reports.
The latest ERISA litigation firm to probe the company stock investment in the Morgan Stanley 401(k) Plan and the Morgan Stanley Employee Stock Ownership Plan is Milberg Weiss LLP.
The Internal Revenue Service (IRS) has extended transitional relief for defined contribution plans subject to the employer stock diversification rights rules put in place by the Pension Protection Act (PPA).
Boeing Co. employees suing the aviation manufacturer over excessive 401(k) fees have added a trio of allegations, including that the plan improperly offered more expensive and lower performing actively managed funds.
A New York law firm has filed a lawsuit against Morgan Stanley and its 401(k) plan fiduciaries charging that the fiduciaries improperly allowed participants to continue investing in company stock.
The U.S. Department of Labor (DoL) has proposed a regulation for assessing civil penalties against plan administrators who fail to disclose certain documents to participants, beneficiaries, and others as required by the Pension Protection Act (PPA).
The Pension Benefit Guaranty Corporation (PBGC) has published final regulations on premium rates and payment of premiums mandated by provisions of the Deficit Reduction Act of 2005 and the Pension Protection Act of 2006.
Senator Tom Harkin (D-Iowa) and Senator Herb Kohl (D-Wisconsin) introduced legislation on Thursday designed to protect American workers by ensuring they can access information on the cost of 401(k) plan management fees.
Federal regulators on Wednesday issued the second of a three-part disclosure rule package – proposed mandates for detailed disclosures from service providers to plan fiduciaries.
A New York Congressman has proposed allowing homeowners with resetting adjustable rate mortgages to pull up to $25,000 out of retirement accounts or IRAs to be used to pay their mortgages or refinance into a fixed-rate home loan.
A federal judge in New York has rejected claims by investors in nine Salomon Smith Barney mutual funds that the funds’ fees were too high.
A 401(k) participant excessive fee lawsuit against a Connecticut-based manufacturer has been certified as a class action, moving it one step further through the legal process.
Merrill Lynch has again been accused of violating regulatory prohibitions in its consulting practices with government pension plans.
A federal judge in Massachusetts has turned aside Bank of America’s efforts to dismiss some of the allegations in a suit accusing the financial services giant of discriminating against African-American bankers and brokers.
Federal officials on Monday issued additional guidance on how section 409A nonqualified deferred compensation programs can fix certain types of plan problems.
The National Tax Sheltered Accounts Association (NTSAA) is establishing a working group to devise data standards that will enable information about 403(b) plan transactions to be provided to plan sponsors and administrators, as necessitated by recent IRS regulations.
Michigan Governor Jennifer Granholm signed repeal and replacement legislation that would end a new tax on many services, including financial advice.
An investment adviser from Charleston, West Virginia accused of misusing $600,000 from a 401(k) plan he trusteed has agreed that he will no longer work with Employee Retirement Income Security Act (ERISA) plans.