News

The American Academy of Actuaries has developed a range of options that public policymakers, and plan sponsors, should consider to address obstacles that remain for spouses of participants in 401(k) plans, in the event of death or divorce, as well as for domestic partners.

The ERISA Industry Committee reports that providers are using No Surprises Act processes to drive up claim costs.

Lawmakers have approved a bill that could ban chatbot-based therapy services.

During the first quarter, average account balances were lower, but the average contribution rate to 401(k) plans hit 14.3%, close to Fidelity’s suggested savings rate of 15%.

Deel has sought to dismiss Rippling’s initial claims of directing corporate espionage. Its lawsuit alleges that Rippling’s Brett Alexander Johnson posed as a customer for six months to learn details about Deel’s products and business practices.

The ERISA Industry Committee submitted several recommendations regarding matching contributions for student loan payments, catch-up contributions and auto enrollment to be part of the upcoming 2025-2026 Priority Guidance Plan, in a letter sent to the agencies.