Browsing Tag
ERISA
282 posts
ERISA (Employee Retirement Income Security Act) is a 1974 U.S. federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry. It aims to protect plan participants by requiring plans to provide information, establish fiduciary responsibilities, and give participants the right to sue for benefits and breaches of duty. ERISA also guarantees payment of certain benefits through the Pension Benefit Guaranty Corporation if a defined plan is terminated.
6 Steps for 401(k) Fiduciaries to an Effective ERISA RFP
One of the most important responsibilities of plan fiduciaries is hiring the right service providers. These providers must…
Episode 19—What Now? Top ERISA Expert Fred Reish Sounds Off on ESG, Reg BI and More
Sponsored By: Fred gets frank about fiduciary. It’s a new year, a new Congress, and a new direction…
4 Best Practices for Dealing with Missing 401(k) Participants
On the heels of last week’s long-awaited guidance about missing participants, released by the Department of Labor, the…
DAiM Launches ‘First ERISA-Compliant’ Bitcoin 401(k) Plan
Newport Beach, Calif.-based asset manager Digital Asset Investment Management (DAiM), which bills itself as the first licensed Registered…
ESG Rule’s Fate Rests in Senate Control: WSJ
DOL ESG Rule faces outcome uncertainty as the Georgia Senate recount could decide its future for retirement investment plans.
Be a Chef, Not a Cook, When Serving Up a Great 401(k) Plan
With the help of the Food Network and Hollywood movies, top chefs have become stars in their own…
Dems Say DOL Proxy Voting Proposal Hurts Retirement Savers
The Department of Labor has again drawn the wrath of Democratic lawmakers, who on Friday submitted a comment…
3 Fiduciary Standards to Evolve from Good to Great
There are more than a dozen different fiduciary standards in play today. To simplify this patchwork of regulatory…
2020 on Track for Fivefold Increase in 401(k) Lawsuits
According to a new analysis from Bloomberg Law, proposed class action lawsuits claiming excessive 401k plan fees are…
Analysis Finds 95% of Comments Oppose DOL’s ESG Rule
Analysis of comments on the Department of Labor’s proposed rule regarding ESG investments in retirement plans shows landslide of opposition.