Employers that sponsor qualified retirement plans, including 401(k) plans, defined benefit plans, and certain 403(b) plans, may face a December 31, 2026, deadline to adopt applicable plan amendments.
Today’s blog dives into the Department of Labor’s support for retirement plan sponsors in breach of fiduciary duty and excessive fee cases, new developments in group health plan and voluntary benefits litigation, as well as EBSA enforcement priorities.
Today’s blog is an introductory overview of the mergers & acquisition (M&A) process and the various elements that benefits professionals need to consider.
Today’s blog offers statistics for 401(k) plan benchmarking, revealing recruiting and retention trends, highlighting areas for plan improvement, and providing a framework for making adjustments.
Plan sponsors and administrators are encouraged to reference these comprehensive calendars to stay on track in 2025. Health and Welfare Plans Retirement Plans Defined Contribution Plans Defined Benefit Plans If you thought this information was helpful, and you’re an International Foundation or […]
The SECURE 2.0 Act of 2022 (SECURE 2.0) encompasses several changes affecting retirement plans that go into effect over the next few years. SECURE 2.0 aims to make it easier for employers to offer retirement plans and help employees plan for the […]
According to The Multiemployer Retirement Plan Landscape: A 15-Year Look (2006-2020), the average defined contribution (DC) plan account balance increased from $23,400 at the end of 2006 to $54,100 at the end of 2020, while aggregate disbursements also grew. The increase in […]
According to recent data from Horizon Actuarial Services, LLC and the International Foundation of Employee Benefit Plans, the fifteen-year period between 2006 and 2020 was turbulent for multiemployer defined benefit (DB) pension plans. Financial markets were volatile, and 2008 saw the biggest […]
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 […]
For the past several years, the International Foundation has strategically focused on the topic of retirement security. The most recent Talking Benefits podcast episode covered one crucial way to help employees reach retirement security—by giving them access to a retirement plan. Podcast […]
