Tag: Retirement Plan
Two previous attempts to pass similar legislation ended up going nowhere.
The Financial Freedom Act’s sponsor says the federal government should not involve itself in investment choices for retirement plans.
Legislation would allow expenses related to changing a retirement plan’s design to be reimbursed from participants’ plan assets.
The Employee Benefits Security Administration said 401(k) fiduciaries should use ‘extreme care’ before adding crypto options to a plan.
Bill would require 401(k) and 403(b) plans to automatically enroll eligible participants.
Separate bicameral proposed legislation aims to boost auto-enrollment retirement plan participation.
The SECURE Act has lifted barriers and made it easier for firms to offer annuities in retirement plans.
The retirement authority is offering companies a chance to help design a state-run plan called MyCTSavings
House Ways & Means Chairman Neal backs the recommendations of the new Racial Equity Initiative.
Legislators say employers are hesitant to provide ESG options in 401(k)s over fears of being sued.
District court judge concludes conflict of interest alone is not a breach of fiduciary duties.