Retirement

The IRS and the Treasury issued a new notice that addresses long-term, part-time employees' eligiblity in 403(b) retirement plans beginning in 2025, including rules to exclude student employees.

Pres. Biden's massive Saving on a Valuable Education plan remains on hold, after a federal judge in Missouri blocked the plan, just one day after a judge in Georgia said it could go forward.

With 30% of the retail pharmacy's employees facing student debt, Walgreens will match student loan payments up to 4% of eligible pay for employees after one year plus 1,000 hours of service.

The American Retirement Association is urging the IRS to delay implementation of the proposed required minimum distributions rules under SECURE 2.0 by 18 months.

With the hand-off of trillions of dollars from baby boomers to younger generations over the next 20 years, the future of wealth management is expected to involve a hybrid model where AI enhances the capabilities of human advisors.

Sen. Elizabeth Warren's new report, "Cancun, Cruises and Cash," found that "perks and kickbacks" allow fiduciaries to work against the best interests of "Americans who work hard and save for retirement."