Tag: DB plans

U.S. Weighs In on Supreme Court Consideration of Pension Case

Both the U.S. Solicitor and the Pension Rights Center argue that current funded status of a defined benefit (DB) plan is not a proper measure for whether the participants have a right to sue for breaches of fiduciary duties and prohibited transactions under ERISA.

Pension Deductions Creates Online DB Calculator

The company believes the new tool will reduce wait time for advisers, who will usually contact actuaries to estimate defined benefit (DB) plan contribution requests when clients explore the possibility of setting up a plan for their business.