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SECURE
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Cassidy Calls on Biden to Withdraw Julie Su’s Nomination as Labor Secretary
Senate HELP Committee Ranking Member introduces legislation to prevent Su from serving as Acting Secretary of Labor indefinitely
Focus Shifts to Plan Sponsors as Portability Network Set to Go Live
As operations begin in October, plan sponsors will take center stage as they begin to adopt auto portability and witness its tangible results
Employee Fiduciary Looks to DOL for 401(k) Fee Transparency
In a public letter, Employee Fiduciary requested for improvements to annual fee disclosures that those in participant-directed 401(k) plans receive
Incentives Highlight Return of Transamerica ‘401(k)ares’ Campaign
Focused on middle market retirement business, renewed promotion to provide financial incentives through remainder of 2023
Smart Expands Fiduciary Services to Advisors, Recordkeepers, TPAs
The services are intended to mitigate fiduciary risk among employers who lack the understanding, time, or expertise to carry out their fiduciary duties
IRS Comes Through with Roth Catch-Up Contribution Deadline Extension
“Administrative transition period” announced Friday afternoon extends until 2026 the new requirement that any catch-up contributions made by higher income participants in 401(k)s must be designated as Roth
Corporate Roundup: Industry Collabs, Innovest and Cetera Expansions
Morningstar Retirement group and ADP team up on personalized advice, OneAmerica and Ensight collaborate on long-term care solutions, and more
Colorado and Maine Team Up for Automatic Retirement Savings
Vestwell will also serve as the program administrator for the new partnership
An Exemplary Multiemployer 401(k) Plan
Ron Surz says “retire with dignity’ is the guiding mission of this union 401(k), a “poster child” for what he says a defined contribution plan should be
Workers More Confident in Physical and Mental Health Compared to Finances
A new study by Northwestern Mutual finds American workers report the lowest confidence level in their finances