1+ mon, 1+ week ago   (10+ words) plansponsor...

1+ mon, 1+ week ago   (359+ words) Schlichter Bogard LLC, representing the plaintiffs, came to an agreement to end a case originally filed in 2020. ADP Inc. agreed to settle a retirement plan fee complaint for $48 million, bringing an end to a case originally filed in 2020. On July…...

1+ mon, 3+ week ago   (372+ words) New data show the risks contributing to reluctancy to spend include outliving savings, incurring high medical expenses and experiencing unforeseen costs. At the end of their careers, many Americans struggle with the idea of spending their hard-earned savings, according to…...

1+ mon, 3+ week ago   (412+ words) The legislation would put caps on and require distributions for people with massive balances. A pair of Democrats in Congress introduced legislation that seeks to put limits on the tax breaks provided by both Roth and Traditional IRAs and defined…...

1+ mon, 3+ week ago   (1475+ words) Nonqualified deferred compensation plans are becoming increasingly visible in retirement and executive benefits, according to Keith Gredys, the chairman and CEO of Kidder Advisers Inc. That visibility, he says, is fueled by employers and executives looking for additional ways to…...

1+ mon, 3+ week ago   (239+ words) The legislation mirrors a House proposal that has already advanced out of committee, aiming to streamline annual retirement plan reporting. Senators Jim Banks, R-Indiana, and Cory Booker, D-New Jersey, have introduced legislation to simplify the annual Form 5500 filing process for…...

1+ mon, 3+ week ago   (427+ words) Increasing healthcare prices and costs tied to chronic conditions contributed to this year’s change, according to a new report. Fidelity Investments projected on July 21 that people retiring in 2026 will spend an average of $185,000 on medical and healthcare costs in retirement....

1+ mon, 3+ week ago   (721+ words) The bipartisan commission typically makes recommendations, but Congress would have to craft the policy. A bipartisan quartet of senators introduced legislation that would task the Social Security Advisory Board with crafting a “base bill” to extend social security’s solvency. Under…...

1+ mon, 4+ week ago   (252+ words) Nationwide adds life insurance product strategy head; Modera Wealth Management hires new CIO and COO; and more. Nationwide Names Justin Lee to Lead Institutional Life Insurance Product Strategy Nationwide Mutual Insurance Co. appointed Justin Lee to lead product strategy and…...