FASB Proposes Fix to Market-Based Cash Balance Plan Accounting
The standards board set a 60-day comment period for stakeholders to provide feedback on the proposal.
Compliance
DOL: Most Employer Contributions to Trump Accounts Not Subject to ERISA
The Department of Labor addressed whether employers’ contributions were a workplace benefit, particularly for employees’ children.
Faith Advocacy Group Joins Fight for 403(b) Investments in CITs
Retirement industry groups and nonprofit advocates and plan sponsors are also pushing for Congress to allow 403(b) plans to invest...
Plaintiffs Suing Nationwide Could Lose Class Certification
The insurance company asked an Ohio federal judge to consider a recent appeals court ruling against class status in ERISA...
2027 Budget Cuts for DOL, EBSA Approved by House Committee
The budget bill proposes slashing the Department of Labor’s discretionary spending by 27%.
Guiding Plans Through Private Market Decisions
Fees remain a concern with alternative assets, but experts say even modest gains could compound meaningfully over a worker’s career.
Cherry-Picking Exec Pleads Guilty to Obstruction
Western Asset Management Co's former co-CIO admits lying to the SEC.
Employer Groups Seek Class Certification Reversal in Tobacco-Use Surcharge Case
The ruling from the 8th Circuit Court of Appeals could impact a growing wave of ERISA litigation targeting employer wellness...
Reading 45,000 Comments on DOL 401(k) Investment Selection Rule
There is a sharp divide about how far plan fiduciaries should be allowed to go when considering alternative investments.
House Hearing Scrutinizes Social Security Commissioner’s Agenda
House Democrats raised questions over Commissioner Frank Bisignano’s claims that his agency is having its ‘best overall performance.’
Social Security Trust Fund Faces Depletion in 2032
The current estimate says the agency will have enough revenue to pay 83% of benefits due at that time.
$23M Settlement Ends MetLife’s Mortality Table Case
Plaintiffs alleged that MetLife had given them fewer benefits after using actuarial tables dating back to the disco era.
Appeals Court Stands by Class Certification Denial in 401(k) Case
The U.S. 4th Circuit Court of Appeals will not rehear Trauernicht v. Genworth, which could impact plaintiffs’ chances for class...
WAMCO Settles SEC Cherry-Picking Allegations for $100M Fine
Former co-CIO Ken Leech was accused of cherry-picking, and the penalty will go to affected investors.
Trump Accounts’ Launch Tops Treasury Priorities
Broader access to retirement savings is taking a backseat to the children’s investment program, according to Secretary of the Treasury...
SEC Seeks Comments on 5-Year Strategic Plan
The agency is prioritizing many of the topics Chair Paul Atkins has most focused on, such as reducing corporate disclosures...
Can DOL Steer Retirement Plan Industry into Safe Harbors?
Industry experts discussed the Department of Labor’s shifting focus from litigation to issuing fiduciary processes during the 2026 PLANSPONSOR National...
IRS Raises Health Plan Thresholds, HSA Limits
Effective in 2027, the contribution limit for health savings accounts will increase to $4,500 from $4,400.
Mariners Wealth Advisors Data Breach Affects Nearly 9,000 Customers
The security incident from last November did not impact financial or investment accounts, according to the Maine state attorney general’s...
EBSA Head Aronowitz Says DOL Ended ‘Fiduciary Rule Madness’
From a restored five-part fiduciary test to reducing ‘meritless’ litigation, the head of the Employee Benefits Security Administration defended his...