A suit challenging the prudence of AT&T’s decision to transfer its pension obligations to a third party says all 11 claims should be dismissed, says a federal judge. A suit challenging the prudence of ...

Nearly two-thirds of employees believe they are on track regarding retirement savings, which is up 23% over the last decade; however, there also appears to be a major disconnect between employers and ...

Terminating plans may transfer unclaimed funds after a waiting period of 90 days. Ongoing plans must wait at least 12 months after an amount becomes payable, and the obligation can't exceed $5,000. In ...

The IRS on Sept. 15 released final regulations that reflect changes the SECURE 2.0 Act of 2022 made, including the requirement that catch-up contributions certain eligible participants make be ...

More specifically, data by the company reveals that plans with auto-enroll and auto-increase had an average account balance of $158,000 as of June, compared to an overall average account balance of ...

Professional mobility is ubiquitous, and the younger a member of the workforce is, the more likely it is. That may result in an interesting, varied career, but is that movement compatible with ...

The Saver’s Match was created by the SECURE 2.0 Act of 2022 and comes into effect in 2027. Instead of a non-refundable tax credit, the Match offers what is essentially a fully refundable credit, ...