Retirement Regulation

With new provisions in SECURE 2.0 taking effect in 2024, employers have new options they can leverage to engage with employees who want more workplace benefits, such as student loan matching and emergency savings.

The DOL offers guidance to assist fiduciaries in navigating a world where cyberattacks have become more and more commonplace, but plan sponsors also need to take the necessary steps to defray unwanted liability.

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.

Martin O'Malley, the new Social Security commissioner, is promising to overhaul the agency's system of clawing back $23 billion it claims was wrongly sent to beneficiaries, saying it "just doesn't seem right or fair."

Workers expect a straightforward experience finding W-2s and proof of health insurance, but equity compensation, HSAs, and retirement distributions are all subject to rules and regulations that may vary by locale and situation.

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.