Retirement

As “courts come to different conclusions” on cases that involve retirement plan forfeited funds left behind from employees who leave the company, a North Carolina judge said this lawsuit must move forward.

SECURE 2.0 has expanded access to PEPs that allows smaller unrelated employers to join together under a single retirement plan, and now the Department of Labor will soon issue new guidance.

President Trump’s new executive order paved the way for alternative assets to be included in 401(k)s, and now the Department of Labor has lifted a warning for fiduciaries so they can best decide the right options for their retirement plans.

The Minnesota-based Post-it notes conglomerate was sued by employees, alleging eight years of underperformance of TDFs in comparison to peer benchmarks “is impossible to justify” for 58,000 employees.

The Department of Labor has withdrawn its proposal to eliminate what it referred to as a “redundant” safe harbor rule that provides a standard for fiduciaries in selecting annuity providers.

It is crucial for plan sponsors to think ahead and familiarize themselves with new provisions coming in 2026, including higher catch-up contributions, big changes to required minimum distributions and changes for annuities.