Supreme Court Decision Lowers the Bar for ERISA Lawsuits Against Plan Sponsors
A recent Supreme Court decision has changed the legal landscape for plan sponsors, making it easier for plaintiffs to file lawsuits over how plans do...
Retirement Plan Fees
Hardship Withdrawals & Loans: What’s Allowed—& What’s Not
Hardship withdrawals and 401(k) loans allow employees to tap into their retirement savings in certain situations, but they come with different rules and consequences. Hardship...
The 10 Biggest Lies Told to 401(k) Plan Sponsors
At the May 401(k) Café webinar for plan sponsors, Fred Barstein, revealed the 10 biggest lies told to 401(k) and 403(b) plan sponsors. Despite ERISA’s...
Annual Benchmarking Is a Must for Plan Sponsors
Evolving regulations mean plan sponsors continue to face increasing scrutiny when it comes to their fiduciary responsibilities. A recent analysis of 50,000 retirement plans in...
Thinking about Changing Recordkeepers? Consider These 6 Factors
If you’re considering changing retirement plan service providers, now may be a good time to do so. That’s according to Chris Carosa, CTFA, who penned...
Maximizing Managed Accounts in Retirement Planning
While managed accounts offer a more personalized retirement planning solution than target date funds (TDFs), their effectiveness is hampered by insufficient data and participant engagement. ...
Plan Fiduciaries Are Responsible for Managing Fee Risks
Reminder: Plan Fiduciaries are responsible for managing fee risks. Not paying close attention to retirement plan fees and how vendors are compensated could leave your...
401(k) Fees Lower than IRA Alternative
401(k) fees are lower than IRA options in many cases! Research has uncovered that 401(k) fees can be lower than IRA fees by a wide...
401k Plan Lawsuits Subject to Shifting Standards
401k plan lawsuits have experienced a steady increase. The majority of claims have focused on fee violations, imprudent choices regarding investments or plan design, fiduciary...
Retirement Committee Education Can Meet Training Needs – Ask the Lawyer
Retirement Committee Education Can Meet Training Needs By Carol Buckmann Retirement Committee Education can prove to be a priceless asset for your company. Do you...
