Retirement Trends

The complaint adds to a growing wave of ERISA litigation testing employers' ongoing duty to monitor and replace underperforming 401(k) investments.

A recent analysis finds that while regulators are making it easier for employers to offer lifetime income products in retirement plans, skepticism remains about whether these changes will meaningfully increase adoption.

Taxpayers had raised concerns that Trump account donations would trigger gift tax reporting rules.

New American Heart Association research finds workers are motivated to improve their wellbeing, but financial pressures, time constraints and workplace demands continue to stand in the way.

"Changing jobs is a normal part of many workers' career paths, but it can also be an important turning point for retirement savings," said Craig Copeland, director of wealth benefits research for EBRI.

The legislation would allow advisors and firms to delay suspicious transactions if they believe financial exploitation has occurred or is about to take place.