Tag: Plan Documents

The IRS is offering a new correction method for retirement plan sponsors that miss the deadline.

A federal district court has ruled for a second time on litigation arising from a dispute over verbal and written beneficiary designations.

A federal judge found the agreement does dictate important aspects about the participant’s benefits under the 401(k) plan.

A survey of more than 250 higher education plan sponsors shows that institutions with advisers have more effective retirement benefit programs.

The guidance includes prohibited changes to a safe harbor retirement plan.

ERISA expert discusses the significant implications of the Supreme Court’s decision in Montanile v. Board of Trustees, especially as it pertains to enforcing liens on retirement or health...

Mobile application development figured largely throughout the year.

Mercer expands defined benefit capabilities within BenefitsCentral participant website.

“The findings of the Retirement Income Index are a great testament to our clients’ use of best-practice plan design,” says Teresa Hassara, of TIAA-CREF.

A court found purposeful miscommunications led participant to expect a different benefit than they were accruing.

The Employee Plans unit will be issuing more compliance checks and reviewing submissions for pre-approved plan documents.

A court found a pension plan’s SPD materially conflicted with the plan document, so a participant who expected to receive certain benefits can seek relief.

An adviser’s broad perspective and timely nudges can help the plan sponsor steer clearly through major changes.

Retirement plan advisers should help clients understand their rights and ability to access past records after a change in recordkeeper or TPA.

These clauses can cover costs when being sued—but they don’t eliminate fiduciary responsibilities.

There are a number of steps advisers should take to ensure that their plan sponsors are protected from substantial personal liability.