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.
‘DOL Fiduciary Rule by Summer:’ ERISA Attorney Fred Reish
Forget the year of the monkey, 2016 is shaping up to the year of the fiduciary. After all…
January 11, 2016
Class Action 401(k) Claims Rejected By the Supreme Court
The recent Supreme Court ruling in Tibble v. Edison might have led to a bit of overzealousness on…
November 30, 2015
Opinion: A Sorry ‘State’ for 401(k)s
The flurry of government activity in the retirement policy space isn’t in your head, and it isn’t accidental.…
November 29, 2015
Where Small 401(k) Plans Fall Apart
Ask Mark Travis a question about impediments to establishing small 401(k)s and he’ll profess not to know before…
November 11, 2015
Boeing to Pay $57 Million in Latest 401(k) Lawsuit Settlement
Boeing comes in for a hard landing. The plane-building mega-giant has agreed to pay $57 million to end a…
November 5, 2015
DOL’s Perez: ‘Allow IRA Auto-Enrollment Without Requiring ERISA-Covered Plans’
Take that. Labor secretary Tom Perez gets real in a blog post on the DOL’s website Thursday, writing…
September 21, 2015
Court Approves $27.5 Million Settlement in Ameriprise 401(k) Fee Case
Like the smart students who win all the year-end awards, Schlichter, Bogard & Denton announced last week that…
July 26, 2015
Top 20 ‘TIPS’ in 401(k)s: BrightScope
Who has the best TIPS for your clients’ 401(k)s? It appears (yet again) that Vanguard takes the top…
July 9, 2015
How the Supreme Court (Sorta) Got it Wrong on Tibble
Defense of plan sponsors in the outcome of Tibble v. Edison case comes from an unlikely source—The Huffington…
June 13, 2015
401(k)s to Include Social Security-Like Income Predictions: Legislation
401(k) plan sponsors could soon be required to inform participating workers of the projected monthly income they could…
May 21, 2015