Legislation has been reintroduced in both the House and Senate that would prohibit ERISA-covered retirement plans from investing in companies based in foreign adversary countries.
Private equity’s presence will “absolutely” grow in defined contribution plans, Edmund Murphy III, the president and CEO of Empower, argued at the Employee Benefit Research Institute’s (EBRI) ...
Responding to a recent call from a financial advisor in New Jersey, the ERISA consultants at the Retirement Learning Center (RLC) address whether a client who has several 529 plans in different states ...
Janet Dhillon was nominated to serve as the next Director of the Pension Benefit Guaranty Corporation (PBGC). She previously had served as Chair of the U.S. Equal Employment Opportunity Commission.
Just as a record number of Americans are soon expected to reach traditional retirement age, concerns about the lingering effect of inflation and the cost of living are impacting retirement confidence ...
His public views on ESG are nuanced, suggesting that ESG is generally a bad investment, though not necessarily imprudent, but the culture war battle over ESG is a silly distraction and damaging to ...
A new suit makes sweeping claims regarding fiduciary breaches involving excessive fees, inappropriate share classes, bad target-date fund choices, as well as misuse of plan forfeitures and participant ...
This past weekend most of America underwent a rather painful change — though it’s probably only just setting in.
The U.S. Senate late Monday approved President Trump’s nominee to be the next Secretary of Labor in a vote that saw members from both parties cross their respective political lines.
Despite legislative efforts to alleviate retiree health care costs, the predicted savings target for Medicare beneficiaries to cover premiums, deductibles, and prescription drugs in retirement ...
To give all Americans access to guaranteed retirement income for life, TIAA announced on Monday that for the first time it is making its lifetime income annuities available through the TIAA IRA.
The country is just over one week away from a possible government shutdown if lawmakers are unable to approve legislation to fund the federal government for the remainder of fiscal year 2025. So where ...