Some 360 of the 1,200 plan sponsor receiving the 401(k) Compliance Check Questionnaire had at least partially completed the document by mid-June, the Internal Revenue Service (IRS) announced.
June 22, 2010 (PLANSPONSOR.com) - The U.S. District Court for the Northern District of Illinois has approved a global settlement agreement providing for recovery of an additional $7.8...
The Internal Revenue Service is providing administrative relief for sponsors of defined contribution plans that were affected by the storms and other severe weather in several states.
Governments would have to report as a liability on their accrual-based financial statements the unfunded portion of their pension plan under a new proposal.
U.S. Senator Herb Kohl, (D-Wisconsin) Chairman of the Special Committee on Aging, held a hearing Wednesday about lifetime income options in retirement plans.
The Securities and Exchange Commission (SEC) unanimously approved proposed rule amendments to enhance the information provided to target-date fund investors.
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is offering a free workshop for employee benefit plan professionals, including clients of plan service providers.
A federal court judge has refused to dismiss claims by a 401(k) participant that plan fiduciaries breached their duties when they transferred his accounts into a new default...
Alliant Energy Corp. improperly used a 30-year Treasury rate for whipsaw calculations for lump-sum distributions from its cash balance plan to employees younger than the retirement age, a...
A federal judge in New Jersey has ruled that AT&T did not violate the Employee Retirement Income Security Act (ERISA) and the Age Discrimination in Employment Act (ADEA)...
A federal court judge has given preliminary approval to a $7.25-million settlement of an Employee Retirement Income Security Act (ERISA) action against the Federal National Mortgage Association (Fannie...