Browsing Tag
ERISA
289 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.
What if the Department of Labor Wrote the Rules of Golf? (Seriously)
The U.S. and British golf associations recently announced that significant changes are being proposed to make the rules…
Fiduciary Confusion: What to Tell a 401(k) Plan Sponsor
President Trump signed a memorandum On February 3, 2017 asking the Department of Labor to review the new…
ICI Supports State 401(k) Rule Rollback
ICI likes what it sees in two Congressional resolutions introduced last week to block the advancement of state-run 401ks and similar retirement plans.
Resolutions Introduced to Stymie State-Run 401(k) Plans
State-run retirement plans face opposition as Congress moves to block Obama-era safe harbor rules impacting small business security.
A Cost-Effective Micro 401(k) Plan Option?
StoryLine small business 401k offers personalized retirement solutions with Ameritas joining as the fifth platform partner.
Prudential Lawsuit a Lesson in 401(k) Fiduciary Services
A judge has ruled that Prudential Retirement Insurance & Annuity Co. was not operating a “pay-to-play” scheme in the 401k plans it services.
Bill Introduced to Delay 401(k) Fiduciary Rule
Congressman Joe Wilson introduced a bill Friday to delay the implementation of the DOL’s 401(k) fiduciary rule (known…
3(38), 3(21), 3(16): Do 401k Advisors Really Know the Difference?
(From Issue 4, 2016) “WELL, GOOD LUCK WITH THAT,” Troy Tisue good-naturedly laughs when told we’re attempting to…
401(k) Sponsors Seriously Stressed About Getting Sued
More than half of 401(k) plan sponsors express concern over potential lawsuits, new research from Cerulli Associates finds, which is stifling innovation.
Don’t Get Burned: Six 401(k) Fiduciary Items to Closely Watch
When I was a teenager, we were told that cracking our knuckles will cause arthritis; it doesn’t. We…