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.
Plan Sponsors Spending Half Their 401(k) Time on Admin Work That Could Be Outsourced
New Pentegra survey released in conjunction with “3(16) Day” celebrating fiduciary expertise
The Arbitrability of ERISA Claims
Plan sponsors are increasingly deploying arbitration clauses in plan documents and employment agreements, but the enforceability of these clauses remains very much up in the air
ERIC Issues Comments Supporting DOL Proposal on VFCP
The ERISA Industry Committee submitted comments backing the DOL's proposed changes on VFCP, along with recommendations for further improvements
Expanding the Reach of Your Practice with 403(b) Plans
Why advisors should add a prospecting strategy for 403(b) clients in 2023
What a New Congress Means for Retirement Policy
A Willis Towers Watson webinar analyzed what changes in the U.S. House and Senate mean for retirement legislation in 2023 and 2024
It’s Alive! Swisher, Roberts’ Pooled Plan Up and Running
The high-profile PEP partners announced they now have participating employers, and it is live this month
New Bill Wants Alternative Investments in 401(k)s
On Thursday, Senators Pat Toomey, R-Penn., Tim Scott, R-S.C., and Rep. Peter Meijer, R-Mich., introduced the Retirement Savings Modernization Act. I…
Turnkey 401(k) for Small Biz Debuts from Equitable
Addition of Retirement Gateway for Small Business simplifies 401k administration for plans with account values up to $500,000
DOL Needs 5 More Members for 2023 ERISA Advisory Council
Nominations for 15-member board making policy recommendations to Labor Secretary are due by Oct. 3
Senator Marks ERISA Anniversary, Calls for Gomez Confirmation
Recognizing the importance ERISA plays, she introduced the following resolution