Retirement Regulation

The IRS also released technical guidance regarding all cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2026 in Notice 2025-67 PDF, posted today on IRS.gov.

When asked about their top three priorities for the coming year, plan sponsors reported a near equal focus on financial wellness for participants (39%), followed closely by ensuring regulatory compliance (37%) and reducing costs (36%) in their plan.

According to the complaint, from 2016 to 2024, IBM's target-retirement and target-risk funds underperformed comparable funds by as much as 20% to 30%, depending on the particular vintage.

"Social Security's modest benefits are essential, but they aren't keeping up with these exploding costs," a senior advocate says.

Record-breaking third-quarter results push annual annuity sales to historic highs as investors seek stability and guaranteed income, according to LIMRA.

According to the lawsuit, the Labor Department issued the advisory opinion after Morgan Stanley launched an extensive campaign with its law firm.