BenefitsPRO: Employee Benefits News, Trends & Sales Tips

General Electric will pay $61M in 'largest ever' 401(k) mismanagement suit

By Scott Wooldridge

After 6 years of litigation, GE will settle the lawsuit - the largest ERISA case alleging retirement plan mismanagement - that claimed underperforming funds were the only actively managed options available to participants.

Read Story

Best Practices

6 retirement plans small business owners should consider: Know your options

Research

'Sandwich generation' feeling the bite of saving for retirement

Recommended Just For You

Defined Contribution Stories

October 06, 2023

Old Dominion Freight gets sued (again) by employees over its 401(k) plan

Just weeks after a federal judge dismissed an ERISA lawsuit against the company over allegations of excessive fees, another employee suit has been filed, claiming the 401(k) plan offered funds that performed worse than alternatives.

Read

October 06, 2023

Biden's latest $9B student debt bailout brings total 'forgiveness' to $127B

Pres. Joe Biden announced on Wednesday another $9 billion in new student-loan relief through improvements to income-driven repayment (IDR) and Public Service Loan Forgiveness - a move that will affect 125,000 Americans.

Read

October 05, 2023

DC plans are evolving: Financial wellness is now a 'core' component

As SECURE 2.0 takes root in retirement plans, employers now believe that DC plans should be vehicles for retirement income generation, as well as financial wellness offerings like emergency savings programs, says a new survey.

Read

October 04, 2023

Retirement plan personalization: Meeting the needs of a multi-generational workforce

With increased demand for personalized investment strategies, employers need to offer an array of education, tools and advice to support employees based on their diverse levels of financial confidence, says a new survey.

Read

October 03, 2023

New ESG reporting requirements? How companies can prepare now for new rules

The SEC ruling is expected to make a determination of how companies will be required to report ESG metrics, including DEI metrics and policies, labor practices, recruitment and retention, and rewards and benefits.

Read

October 02, 2023

How long will you live? Poor 'longevity literacy' will hinder retirement savings

Employers can help employees improve their retirement readiness by encouraging them to engage with their 401(k) benefits, which might include access to retirement planning tools or meetings with financial advisors.

Read

October 02, 2023

State-mandated retirement plans: 4 things small businesses need to know

New state laws are attempting to solve a problem: Few private sector workers save for retirement without an employer-sponsored retirement plan, so it's important for small businesses to take steps now to set up a strategy.

Read

‹ ‹ PREV 72 73 74 ... 528 › NEXT ›

Defined Contribution

Top Defined Contribution Stories

General Electric will pay $61M in 'largest ever' 401(k) mismanagement suit

6 retirement plans small business owners should consider: Know your options

'Sandwich generation' feeling the bite of saving for retirement

Recommended Just For You

Defined Contribution Stories

Old Dominion Freight gets sued (again) by employees over its 401(k) plan

Biden's latest $9B student debt bailout brings total 'forgiveness' to $127B

DC plans are evolving: Financial wellness is now a 'core' component

Retirement plan personalization: Meeting the needs of a multi-generational workforce

New ESG reporting requirements? How companies can prepare now for new rules

How long will you live? Poor 'longevity literacy' will hinder retirement savings

State-mandated retirement plans: 4 things small businesses need to know