| Berkshire Hathaway ERISA Suit Sent Back to District Court |
| An appellate court has partly reversed the dismissal of claims against Berkshire Hathaway retirement plan fiduciaries accused of violating ERISA benefit cutback provisions.
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| From the Magazine: Under Armor |
| There has clearly been an increasing number of DC plan lawsuits filed over the last year by a wider range of plaintiffs’ firms. These include law firms that have little experience filing ERISA fee suits, that think about ERISA issues in an entirely different way than the usual players do.
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| Financial Stress Afflicting Many Workers |
| Financial Finesse, in its annual Financial Stress Research study, found that many workers are experiencing such stress and that it is having debilitating effects on their lives, including their work. The primary factor that determines a person’s financial stress level is cash management, and Financial Finesse found this skill varies widely among individuals.
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| Lawmaker Introduces Bill to Create Universal Retirement Plan |
| In addition to the employer contribution, once enrolled, employees would automatically begin contributing 3% of their pre-tax income, which would increase gradually over time, unless they opt-out.
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