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Plaintiffs alleged that Cornell failed to adequately monitor the fees and investments of its retirement plan, according to Jerome Schlichter, a lawyer for the plaintiffs.

This week (Oct. 20-26) provides a great reminder that it will take a shared responsibility across government, employers, and employees to enable tomorrow's retirees to live a better life, longer, says Prudential's Ann Nanda.

The overall percentage of employers offering coverage is heavily influenced by the fact that small employers are in large part responsible for the decline in coverage, and most employers in the United States are small.

Requiring workers who smoke to pay more for health insurance violates the Employee Retirement Income Security Act by unfairly targeting employees because of their health status, according to the suit.

In August, the IRS provided student loan match guidance, however, the ERISA Industry Committee requests "reasonable procedures" plan sponsors can establish for employees to claim the match.

There's a proposal to cap the tax-free amount available for health care expenditures, including amounts paid by both an employer and an employee, according to the Republican Study Committee's budget proposal.

The Oklahoma case hinges on what happens when state authority collides with ERISA.

Over a third of plan participants have taken 401(k) loans and hardship withdrawals, while ESAs provide a no-cost alternative that cuts the likelihood of retirement loans and withdrawals in half.