Do You Have Liticaphobia (Fear of lawsuits)?

fear of law suits

Liticaphobia – Fear of lawsuits  The fear of a class-action lawsuit looms large in the daily life of a plan sponsor. The fear of law suits has become so great ...

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New ERISA Safe Harbor For Municipally Sponsored IRAs


In a trend supporting a move towards government-sponsored defined contribution plans, the Department of Labor (DOL) and the Employee Benefits Security Administration (EBSA) have released new ERISA safe harbor ...

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The 401k Class Action Lawsuit Gaining Traction with Courts

401k class action lawsuit

Employees in the Starwood Hotels plan with 40,000 participants filed a class action lawsuit in California while lawsuits against Fidelity and Putnam were granted class action status in federal ...

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Plan Fiduciaries Are Facing Big Changes, But When?

Retirement plan fiduciaries are responsible for more than overseeing plan procedures and safeguarding the assets of plan participants.  In most cases retirement plan fiduciaries are also responsible for benefits, ...

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ARA Responds to Form 5500 “Modernization” Proposals

Form 5500

The American Retirement Association (ARA) has submitted a letter (“the letter”) in response to a request for comments from the Department of Labor’s Employee Benefits Security Administration on the proposal ...

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