BenefitsPRO: Employee Benefits News, Trends & Sales Tips

Senate reintroduces bill to allow collective investment trusts in 403(b) plans

By Lynn Cavanaugh

The Retirement Fairness for Charities and Educational Institutions Act of 2025 is the latest attempt to pass CIT legislation to allow these tax-exempt pooled investment funds, which are an investment option in 401(k)s, into 403(b) plans.

Read Story

News

Senators demand quick implementation of Social Security Fairness Act, in letter to SSA

News

SEC fines Wells Fargo $35M, Merrill Lynch $25M for ‘cash sweep’ violations

Recommended Just For You

Defined Contribution Stories

February 05, 2025

SECURE 2.0’s Saver’s Match can close the retirement savings gap: Morningstar

The Saver's Match program, which launches in 2027, allows low-income employees to receive a 50% federal matching contribution of up to $1,000, in addition to any employer match – and will “significantly boost retirement wealth,” says Morningstar Center for Retirement.

Read

February 05, 2025

ICanRetire tool now available for advisors to offer to small employers (at no extra cost)

Now, financial advisors can offer Capital Group’s ICanRetire employee engagement tool to small business owners to help improve participant outcomes and increase contributions.

Read

February 04, 2025

58% of Americans socked away 9% of their annual income for retirement in 2024: Principal

However, there’s a significant disconnect between Americans’ confidence and knowledge when it comes to how they are saving for retirement and how they feel about their retirement readiness, according to a Principal survey.

Read

February 04, 2025

Vanguard cuts fees on 87 mutual funds, saving investors $350M in 2025: Will rivals follow suit?

The fee cuts are the largest annual expense ratio reduction in the firm’s 50-year history – and the first major announcement from newly appointed CEO Salim Ramji.

Read

February 03, 2025

Equitable launches new 401(k) pooled employer plan for small businesses

The new offering is designed to expand access to workplace retirement plans for small and medium-sized businesses to "pool" their assets into a single plan, while alleviating the administrative burdens of running a retirement plan.

Read

February 03, 2025

Trader Joe's workers sue over ‘needlessly high’ 401(k) fees and misuse of forfeited funds

About 70% of the 401(k) plan—nearly $2 billion—was invested in one fund, when "much cheaper" versions of this investment were available, allege employees in the class action lawsuit, on behalf of 38,000 participants.

Read

January 31, 2025

Social Security Fairness Act’s boosted payments to 3M public employees ‘could take more than 1 year’

In early January, President Biden signed the new law, which will boost Social Security retirement payments to police and firefighters, but now payments (though retroactive) will be delayed.

Read

‹ ‹ PREV 24 25 26 ... 528 › NEXT ›

Defined Contribution

Top Defined Contribution Stories

Senate reintroduces bill to allow collective investment trusts in 403(b) plans

Senators demand quick implementation of Social Security Fairness Act, in letter to SSA

SEC fines Wells Fargo $35M, Merrill Lynch $25M for ‘cash sweep’ violations

Recommended Just For You

Defined Contribution Stories

SECURE 2.0’s Saver’s Match can close the retirement savings gap: Morningstar

ICanRetire tool now available for advisors to offer to small employers (at no extra cost)

58% of Americans socked away 9% of their annual income for retirement in 2024: Principal

Vanguard cuts fees on 87 mutual funds, saving investors $350M in 2025: Will rivals follow suit?

Equitable launches new 401(k) pooled employer plan for small businesses

Trader Joe's workers sue over ‘needlessly high’ 401(k) fees and misuse of forfeited funds

Social Security Fairness Act’s boosted payments to 3M public employees ‘could take more than 1 year’