Browsing Tag
ERISA
292 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.
Are 401(k) Advisors on Track With Fiduciary Rule Standards?
Peyton Manning can put it to a jingle. A recently-released survey from Nationwide finds the new Department of…
New Checklist to Aid with 401(k) Fiduciary Issues
Insurance consulting and brokerage powerhouse Lockton is helping to quell some of the confusion surrounding the recent DOL…
How to Avoid 401(k) Fiduciary Booby Traps with Broker-of-Record Changes
Broker dealer fiduciary rules are reshaping retirement advice, increasing liability and driving demand for ERISA fiduciary training.
COLA Increases Apply to 401(k) ERISA Civil Penalties As Well
An important reminder concerning the Department of Labor. It has issued an interim final rule identifying increases in certain ERISA…
How 401(k) Advisors Can Effectively Offer 3(16) Services
Imagine you are fortunate enough to receive a referral for an employer who is struggling with 401(k) administrative…
Where to Find Help with ERISA 3(16) 401(k) Fiduciary Responsibilities
For many employers, retirement plans are an important employee benefit. Not only are 401(k) plans key for employee…
Maryland Passes State-Run 401(k) Bill
Maryland approves a state-run retirement plan to aid workers without private sector 401(k) options, set for Governor's signature.
Coming Change for 401(k) Advisors
The role of today’s 401(k) specialist is expanding on the heels of a decades’ long evolution: Today, we’re about…
The Case for State-Run 401(k) Plans
Bob Pozen hearts state-run 401(k) plans. The high-profile author, MIT instructor and former chairman of MFS Investment Management…
JPMorgan Prevails in ‘London Whale’ 401(k) Fiduciary Lawsuit
More on the of company stock risk in 401(k) plans and the potential dangers of concentrated ownership. If…