401(k) Plans

401(k) Plans DOL Employee Benefits ERISA ERISA50 Health Care Legislative Regulatory U.S.

Understanding ERISA Liability in the Context of Pharmacy Benefits
Anne Newhouse
 

Fiduciary responsibility has always been a concern for retirement plans governed by the Employee Retirement Income Security Act of 1974 (ERISA). The language on the Department of Labor (DOL) Fiduciary Responsibilities webpage explains, “The primary responsibility of fiduciaries is to run the […]

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401(k) Plans Compliance DOL Employee Benefits ERISA ERISA50 Legislative Pensions Retirement U.S.

The DOL Retirement Security Final Rule: Highlights for Plan Sponsors
Jenny Gartman, CEBS
 

On April 25, 2024, the Department of Labor (DOL) published the retirement security final rule defining fiduciary status for investment advice to retirement investors under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (IRC). It is set to […]

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401(k) Plans Benefits Magazine Defined Benefit (DB) Plans Defined Contribution (DC) Plans Employee Benefits Financial Education Financial Education (U.S.) Financial Wellness Investments U.S.

Educating DC Plan Participants for the Long Hike to Retirement
Kathy Bergstrom, CEBS
 

Many years ago, I visited Grand Canyon National Park with my mom and aunt. It was unseasonably hot, but I wanted to walk down into the canyon on the Bright Angel Trail. My companions were not up for the hike, so I […]

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401(k) Plans Employee Benefits Financial Education Financial Education (U.S.) Regulatory Retirement SECURE 2.0 U.S.

Matching Contributions for Qualified Student Loan Payments Under SECURE Act 2.0
Jenny Gartman, CEBS
 

With the federal student loan debt relief plan ruled unconstitutional by the Supreme Court, more employers are expected to consider offering student loan repayment benefits (covered in Part 1) or retirement plan matching under the SECURE Act 2.0 of 2022. The optional […]

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401(k) Plans Employee Benefits Financial Education Financial Education (U.S.) Financial Wellness SECURE 2.0

Student Loan Repayment Benefits: What Are The Options Now?
Jenny Gartman, CEBS
 

With the federal student loan relief plan ruled unconstitutional by the Supreme Court, more employers are expected to consider offering student loan repayment benefits (loan paydown) or 401(k)/403(b) matching under the SECURE Act 2.0 of 2022. Federal student loan payments resume in […]

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401(k) Plans Defined Benefit (DB) Plans Defined Contribution (DC) Plans Employee Benefits Retirement U.S.

2023 Employee Benefits Reporting and Disclosure Calendars
Jenny Gartman, CEBS
 

Plan sponsors and administrators are encouraged to reference these comprehensive calendars to stay on track in 2023. Health and Retirement Plans Subject to ERISA (Includes Multiemployer Plans) Health and Welfare Plans New deadlines in 2023 are: Retirement Plans Defined Contribution Defined Benefit […]

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