Retirement

Ensure employees know of retirement plan rollover rules change

08/06/2018

As a result of a provision in the Tax Cuts and Jobs Act, the rollover distribution rules are now more relaxed for rollovers of defaulted loans resulting from plan terminations or a participant’s failure to repay a loan upon severance from employment.

Snapshot: Almost all employers offer retirement benefits

07/17/2018

95% of employers offer one or more retirement plans. For most, those are defined-contribution plans such as 401(k)s and 403(b)s.

Retirement savings are significant source of wealth

07/17/2018

Retirement plan investments are the most valuable assets many Americans own, excluding the value of homes, according to research by the Employee Benefit Research Institute.

Probation for Oakland plan trustee caught skimming funds

05/30/2018

A trustee of a benefit plan for employees of an Oakland metalworking company must serve one year of probation and make restitution for violating the Employee Retirement Income Security Act.

Workers delay retirement, unsure how much to save

05/08/2018

Though the economy is improving, many U.S. workers are still pumping the brakes on their retirement plans.

AARP seeks to revive fiduciary rule

05/01/2018

The Obama-era regulation would have required financial advisors to put their clients’ interests first when offering guidance on retirement plans.

Get expert legal help when drafting retirement offers that include health benefits

04/16/2018

A federal court has granted a temporary injunction in a case involving continued health insurance coverage. The court concluded that a group of retired workers would likely succeed on the merits of their case.

Employees pessimistic about retiring before age 65

04/10/2018

Thirty-seven percent of workers expect to work past age 70, an increase from 30% two years ago.

Most millennials have nothing saved for retirement

04/03/2018

Two-thirds of millennials have absolutely no retirement savings according to a new report by the nonprofit National Institute on Retirement Security.

Scrapped: Fiduciary rule regulating retirement plan conflicts of interest

03/20/2018

A panel of the 5th Circuit Court of Appeals on March 15 struck down the so-called fiduciary rule, an Obama-era regulation that required retirement plan advisors to always act in clients’ best interests instead of recommending investments that generated broker commissions.