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AARP seeks to revive fiduciary rule

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

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

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

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


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.

Retirement benefits get Senate boost


Senate legislation introduced March 8 would help employees save more for retirement and encourage employers to offer retirement benefits.

Snapshot: In retirement, we want to have our cake and eat it, too


Americans want to spend like crazy in retirement. They also want their nest eggs to last forever.

First Bankers settles ESOP lawsuits for $15.75 million


First Bankers Trust Services, a New York City firm that calls itself the “premier provider of fiduciary services” to clients nationwide, has settled three lawsuits with the U.S. Department of Labor’s Employee Benefits Security Administration over its handling of three employee stock ownership plans.

Poll: Employee benefits are our favorite tax breaks


As a congressional conference committee negotiates the final terms of tax reform legislation, a new poll of working Americans shows more support for maintaining the tax-favored status of employer-provided benefits than for the popular mortgage interest deduction.

Workflex in the 21st Century Act may modernize ERISA


New legislation would allow employers to create an ERISA plan, known as a qualified flexible workplace arrangement plan, as a way to offer employees a combination of guaranteed paid leave and increased work flexibility options.