IRS, Treasury Release Final Roth Catch-Up Regulations
While the agencies are ending a two-year delay in establishing the regulations, the rules will only be applied in ‘good...
Compliance
DOL Backs Morgan Stanley, Says Deferred Pay Is Exempt from ERISA
The Department of Labor decided that Morgan Stanley's deferred compensation program is a bonus, rather than a pension plan subject...
Social Security Cost-of-Living Adjustment Foreseen as 2.7% for 2026
One month before Social Security’s official decision is expected, the Senior Citizens League predicts a slight increase in benefits for...
IBM Accused of $14B Pension Risk Transfers to ‘Unsafe’ Insurer
IBM allegedly jeopardized the retirement security of more than 132,000 former workers by offloading billions of dollars in two pension...
Thrift Savings Plan Awaits Congressional Permission for Private Investments
The $895 billion of retirement assets in the nation’s largest defined contribution plan is off limits to private market investments—for...
DOL Will Replace Biden-Era Independent Contractor Rule
The agency has not been enforcing the 2024 rule and will consider a new one, using pre-2024 standards in the...
Industry Groups Press DOL for Firm Rules on Private Investments in DC Plans
Last month, President Donald Trump's executive order gave the Department of Labor six months to provide its regulatory agenda.
AARP Attorneys Join ERISA Lawsuit Against TIAA
Attorneys from the AARP Foundation are co-counsel in a lawsuit that claims TIAA invested plan participants’ retirement funds in a...
DOL Agenda Commits to Replacing ESG, Fiduciary Rules
The U.S. Department of Labor released 150 regulatory proposals, including reversals of Biden-era Environmental, Social and Governance rules and the...
Judge Backs Dismissal of AT&T PRT Complaint
A Massachusetts magistrate said former retirement plan participants had standing to sue AT&T and State Street Global Advisors but disregarded...
Employer Groups Ask for Dismissal of Another PRT Case
Plaintiffs allege that Weyerhaeuser improperly transferred $1.5 billion in pension liabilities from its pension plan by purchasing annuity contracts.
House Appropriations Bill Seeks DOL, EBSA Budget Cuts
The subcommittee's fiscal year 2026 spending bill would trim the Department of Labor's budget by 28% and the Employee Benefits...
SEC Fines Vanguard and Empower More Than $25M for Adviser Compensation Disclosure Failures
The two companies allegedly provided misleading statements and failed to disclose conflicts to retail and retirement plan investors, according to...
Maximizing HSAs: What the OBBB Act Has Changed
Cat Torres, from Sentinel Group, discusses how recent developments have introduced new opportunities for HSA eligibility.
DOL to Stop Issuing, Accepting Paper Checks
Starting on September 30, the Department of Labor will transition to paperless checks, according to a notice published in the...
Federal Judge Dismisses Home Depot’s ERISA Lawsuit
A district court judge in Georgia ruled that Home Depot’s use of forfeited funds aligned with the retirement plan’s terms.
Knight-Swift Settles ERISA Cases, RTX Faces Plan Forfeiture Charges
Motor carrier holding company Knight-Swift is settling two ERISA complaints while RTX Corporation faces charges of breaching fiduciary duties.
House Bill Would Let Retired Vets Contribute to Thrift Savings Plans
The proposed FORWARD Act would allow certain military retirees and disabled veterans to continue contributing to their Thrift Savings Plan...
GOP Senators Ask for Safe Harbor for Alternative Investments in DC Plans
The senators wrote Labor Secretary Lori Chavez-DeRemer that plan fiduciaries need ‘critical safe harbor protections’ from ‘frivolous lawsuits.’
$1.6M Settlement Reached in Jack Henry & Associates ERISA Class Action
The complaint alleged the technology provider charged excessive fees and mismanaged an investment fund.