Browsing Tag
ERISA
285 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.
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…
‘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…
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…
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.…
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…
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…
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…
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…