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.
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…
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…
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…
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…
Supreme Court Hears Arguments in 401(k) Fiduciary Case
Kickbacks, betrayal, multimillion dollar amounts and even the Supreme Court—Tibble v. Edison International would appear to have it…
fi360: Industry Professionals Voice ‘Strong Support’ for Fiduciary Standard
Brokers and Investment advisers indicate strong support for the Department of Labor ERISA fiduciary standard, according to a…