BenefitsPRO: Employee Benefits News, Trends & Sales Tips

401(k) plan best practices: A plan sponsor's 2024 fiduciary checklist

By Kristen Beckman

While the DOL continues to try to refine its fiduciary rule, with the latest iteration sent to the Office of Management and Budget for review last month, there are several best practices that protect plan sponsors as well as participants.

Read Story

News

ERISA group urges DOL to simplify its new 401(k) 'automatic portability' rule

Best Practices

Cyberattacks are on the rise: Plan sponsors, is your retirement plan protected?

Recommended Just For You

Legal Stories

March 19, 2024

Retiree Drug Subsidy changes: New benefit options for employers to consider for 2025

The RDS program has been the go-to choice for plan sponsors who offer group coverage to retired employees, however, the Inflation Reduction Act makes it difficult now for plans to meet the creditable qualification criteria.

Read

March 14, 2024

UnitedHealth Group had 'its hand in the cookie jar,' said judge in its ERISA lawsuit

A federal judge didn't mince words when he denied the company's motion for summary judgment in the class-action lawsuit, filed on behalf of the firm's current and former employees, alleging its CFO violated his fiduciary duties.

Read

March 08, 2024

Starter 401(k): A fast, simple, budget-conscious solution for small employers

If small businesses are going to win the talent retention battle in 2024, they may want to offer a retirement benefit that streamlines two of the most significant barriers to offering a plan: cost and ease of administration.

Read

March 07, 2024

Student loan matching benefit: How SECURE 2.0 now makes it easier to implement

Under a SECURE 2.0 provision that just went into effect in January, qualified student loan repayments may now count as elective deferrals for 401(k) matching contributions from employers.

Read

March 06, 2024

Emergency savings account: A valuable benefit, now made easier with SECURE 2.0

No question the new Pension-Linked Emergency Savings Account is a much-needed option for employees, however, employers and plan sponsors must be vigilant in protecting themselves as they navigate potential pitfalls.

Read

March 01, 2024

Industry groups tout new federal auto-IRA House bill for employers without a 401(k) plan

In a letter to House Ranking Member Richard Neal, over 20 companies and industry trade associations expressed support for the Automatic IRA Act of 2024, which will provide more access to retirement plans for small businesses.

Read

February 29, 2024

SECURE 2.0: A win-win for small businesses, employees and forward-thinking advisors

The new law bolsters small businesses' ability to provide retirement benefits to their employees by offering tax credits to offset costs, however, for advisors, it's an unprecedented opportunity to tap into a new revenue stream.

Read

‹ ‹ PREV 15 16 17 ... 331 › NEXT ›

Legal

Top Legal Stories

401(k) plan best practices: A plan sponsor's 2024 fiduciary checklist

ERISA group urges DOL to simplify its new 401(k) 'automatic portability' rule

Cyberattacks are on the rise: Plan sponsors, is your retirement plan protected?

Recommended Just For You

Legal Stories

Retiree Drug Subsidy changes: New benefit options for employers to consider for 2025

UnitedHealth Group had 'its hand in the cookie jar,' said judge in its ERISA lawsuit

Starter 401(k): A fast, simple, budget-conscious solution for small employers

Student loan matching benefit: How SECURE 2.0 now makes it easier to implement

Emergency savings account: A valuable benefit, now made easier with SECURE 2.0

Industry groups tout new federal auto-IRA House bill for employers without a 401(k) plan

SECURE 2.0: A win-win for small businesses, employees and forward-thinking advisors