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Sen. Elizabeth Warren (D-Mass.) is seeking answers from Empower Retirement CEO Edmund Murphy III about the company’s recent announcement that it will soon allow its 19 million retirement plan ...
As the Senate prepares to consider the One Big Beautiful Bill Act, a group of 10 industry associations related to employer-sponsored benefits wrote an open letter in support of legislative proposals ...
Another federal judge has rebuffed the “novel theory” behind the expanding series of forfeiture reallocation suits.
In another win for retirement savers, the draft tax portion of the Senate’s One Big Beautiful Bill Act (OBBB) released late Monday by Senate Finance Committee Chairman Mike Crapo (R-Idaho) does not ...
For the second time in a week, a major employer has won its defense of a fiduciary breach suit involving forfeitures.
A study published in the National Bureau of Economic Research found that knowledge of annuities, as opposed to general financial literacy, and the physical health of their client were important ...
If Congress fails to act in the very near future, the date on which Social Security will no longer be able to pay full benefits is only eight years away in 2033, according to the just-released Social ...
While the retirement landscape has gradually evolved over the previous decades, a new study suggests that it is now evolving so rapidly that many of the underlying assumptions across generations may ...
Social Security’s future prospects have long been a topic of discussion — and concern. Analyses attribute the challenges facing the storied program to a variety of factors; a recent paper by the ...
Voya Financial announced that it is collaborating with student loan and education benefits firm Savi to help clients better manage their student loans and explore new education options.
DeRemer, four Senate Democrats expressed their strong concern with the Department of Labor’s (DOL) decision to rescind previous guidance warning of the risks of offering cryptocurrency in 401(k) plans ...
Some call them “lies” — but in this episode, Nevin (Adams) and Fred (Reish) highlight some of the most common — and occasionally confusing — misunderstandings about retirement plan responsibilities.
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