A 2-1 majority of the U.S. Court of Appeals in St. Louis ruled Fidelity had no obligation to recapture for plan participants $1.7 million in overnight float income.

A retired doctor and six others are alleging Novants plan saw a more than 10-fold increase in fees over three years and contains costly investment choices.

The Massachusetts Securities Division is calling on 401(k) plan administrators to report how many companies have shifted to a lump-sum matching contribution once a year, a change that can undermine worker savings.

Employers are squeezing their workers retirement savings, holding back on both the amount and the timing of 401(k) matching funds and dragging out vesting schedules.

The funds will stop accepting new money and existing investors can sell their shares or be paid by KKR when it liquidates the pools.

Stanger was a primary author of a little-noticed piece of a 1978 tax law.Today, 401(k) is likely the most recognizable number in the Internal Revenue Code.

The accounts, which Obama announced in his State of the Union Address, will be available to workers who dont have access to a 401(k) plan,