Retirement Trends

The index was designed to spark a national conversation, shine a light on the areas where Americans are falling short, and provide a roadmap for workers and employers to take action, according to IRALOGIX.

In a unanimous decision, the justices take a worker-friendly approach on behalf of 28,000 employees who accused the university of paying excessive 403(b) plan recordkeeping fees, giving them another chance to challenge their employer.

Eighty-five percent of corporate partners increased employee premiums for at least one plan, and 7% have added a new no-deductible plan option in the last two years.

In his first speech since leaving the presidency, Joe Biden spoke last night of Trump’s “damage and destruction” to the Social Security Administration, while the White House announced yesterday that Trump will always protect Social Security benefits.

Earlier this month, the American Federation of Teachers president urged chief fiduciary officers to urgently review their Telsa holdings in pension funds. Now Canada’s largest federal public sector union is following suit.

The telecom giant is one of the latest employers to get sued for using forfeited plan funds from departed employees to pay administrative expenses, in violation of ERISA duties.