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 IRS has issued the covered compensation tables that will be effective Jan. 1, 2025. The new data is contained in Revenue Ruling (Rev. Rul.) 2025-2. This revenue ruling provides tables of covered ...
The Tax Cuts and Jobs Act (TCJA) of 2017 is set to expire at the end of 2025. During 2025, Republican-controlled government will likely pursue extensions of those cuts and may look to the ...
The ERISA Advisory Council (EAC) has made recommendations to the Department of Labor (DOL) to consider regarding qualified default investment alternatives (QDIA). The EAC recommendations include ...
Certain portions of future regulations that will put the proposed required minimum distribution (RMD) regulations in final form will apply beginning in the 2026 distribution calendar year, the IRS ...
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 ...