401(k) auto portability could not only improve outcomes, but it can also help reduce fiduciary risk.  Automatic cash-outs of 401(k) plan balances of less than $1,000 are a problem ...

401(k) plan annuities might be right around the corner for many participants.  New legislation under consideration on Capitol Hill is aimed at increasing access to lifetime income products in ...

Retirement post covid-19 is not the same as it once was.  As more Baby Boomers get ready to retire in the coming year, there are some prevailing trends that ...

Lawsuits in 401(k) plans are on the rise.  Fiduciary Lawsuits in 401(k) Plans create a huge distraction.  Since January 2020, more than 200 fiduciary lawsuits have been filed.  Hundreds ...

The coronavirus pandemic notwithstanding, 2021 was an eventful year in the employee benefits/retirement plans space.  In case you missed it, here is a month-by-month recap, as recently reported in ...

Department of Labor action is putting additional scrutiny on the misuse of confidential retirement plan participant data.  This is particularly important in the context of cybersecurity practices of plan ...

Social Security COLA helps retirees.  This increase means beneficiaries receive a 5.9% boost in monthly checks starting in 2022.  That’s the largest cost-of-living or “COLA” increase to Social Security ...

Investment Policy Statement best practices need updating regularly, and now is one of those times.  A well-executed investment policy statement can serve as a north star for retirement plan ...

Fiduciary breach claims consume a tremendous amount of resources.  Can mandatory arbitration between retirement plan sponsors and participants stem the tsunami of fiduciary breach litigation?  The answer is, “Maybe.”  ...

Fiduciary liability insurance premiums are rising while coverage is getting increasingly more difficult to purchase.  Retirement plan committees and sponsors who got renewals for their 2021 fiduciary liability insurance ...