This revenue ruling provides tables of covered compensation under Internal Revenue Code (IRC) Section 401 (l) (5) (E) and the Treasury regulations that implement it for the 2025 plan year. These ...
Another employer has been sued for its pension risk transfer (PRT) choice — alleging not only that a breach of fiduciary duty put pensions at risk, but that there were conflicts of interest in the ...
A report from the Congressional Budget Office estimates that repealing the GPO and the WEP would cost $195.7 billion over ten years. It would also push Social Security’s insolvency date, currently ...
Ali Khawar, Principal Deputy Assistant Secretary of the Department of Labor’s Employee Benefits Security Administration (EBSA) will leave that post when President Trump is inaugurated, the agency ...
The Employee Benefits Research Institute (EBRI) has found that a majority of retirees believe they saved enough to cover their expenses. Still, while for a small percentage their spending outstrips ...
The Retirement Simplification and Clarity Act (H.R. 10467) was introduced Dec. 18 by Rep. Jimmy Panetta (D-Calif.) and cosponsored by Rep. Darin LaHood (R-Ill.), who are both members of the powerful ...