Plan fiduciaries of the Allstate 401 (k) have prevailed in a fiduciary breach suit challenging their selection of a set of target date funds and advisory services. Plan fiduciaries of the Allstate 401 ...

Research the experts cited about the sentiments of employees and participants concerning financial wellness shows an interesting mix of confidence and anxiety.

According to Cerulli’s survey of defined contribution investment-only (DCIO) asset managers, 16% anticipate that AI's impact on legal document summaries will be “significantly positive,” with 23% ...

Inertia is a powerful force regarding behavioral finance and automatic enrollment, it has long been noted — but it may have limits, according to a new study. Coverage of the report — titled “Smaller ...

It could take a year or longer to fully implement the repeal of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), says the Social Security Administration (SSA). The SSA has ...

Bills before the legislatures of two states would create a defined contribution plan for new state employees, as well as expand the retirement plan options from which their public employees may choose ...

In March, funding EBSA received to implement the No Surprises Act will run out. Lisa Gomez, the former head of EBSA, says “work attributable to 120 people will be lost, either by it not being done, or ...

This article examines the process of selecting the applicable month, or lookback month, that determines the segment rates utilized in actuarial valuations to value 404(o) funding targets and target ...

The spreadsheet lists the PBGC as one of the agencies required to provide information by Feb. 7, noting that the PBGC provides pension plan termination insurance. However, it does not break down the ...

Need an extension for filing the Form 5500? That’s what the Form 5558 is for — and now it can be filed electronically. The IRS has released the 2025 Form 5558 to be used to request an extension in ...

Could plan fiduciaries violate their duty of loyalty to plan participants despite a prudent process? A recent federal judge says yes — Nevin (Adams) & Fred (Reish) discuss. Participant-plaintiff (and ...