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Retirement

Verrill

Does ERISA Work?

Verrill on

On Labor Day, September 2, 1974, Gerald Ford signed the Employee Retirement Income Security Act (“ERISA”) into law. ERISA governs the employee benefit plans (i.e., retirement and welfare plans) of most private employers in...more

Mitratech Holdings, Inc

The Evolution of the Employee Lifecycle: How HR Software Supports Each Stage

As human resources changes, the heart of it all lies within HR software. As businesses adapt to new challenges and opportunities, understanding the employee lifecycle becomes essential from boardroom to bedroom offices....more

Kramer Levin Naftalis & Frankel LLP

Pension Plan Withdrawal Liability Takes Center Stage in Bankruptcy Judge's "Preliminary Observations"

A recent decision from the Bankruptcy Court for the District of Delaware in In re Yellow Corp. could have widespread implications for bankruptcy cases, including municipal bankruptcy cases. Of particular interest, the Judge...more

Offit Kurman

Understanding Senior Living Options with Beth Weeks

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In this episode of The Sandwich Generation Survival Guide, host Candace Dellacona interviews Beth Weeks, a registered nurse and co-founder of Senior Living Consultants of New York. Beth discusses the complexities of senior...more

Offit Kurman

How to Divide Retirement Accounts During Divorce Amid Market Fluctuations

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Dividing retirement accounts during a divorce is already complex, but the process becomes even more complicated when you factor in market volatility.. Stock market fluctuations can dramatically change the value of retirement...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Schwab Self-Direct 401(k) plans gain 13.6% in 2024

The average Self-Directed Brokerage Account (SDBA) 401(k) balance at Charles Schwab finished the fourth quarter of 2024 at $352,605, up by 13.6% since 2023, according to Charles Schwab’s latest SDBA Indicators Report....more

Hogan Lovells

HL Pensions Law Digest 07 April 2025

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Welcome to our latest update, in which we cover: Pensions Regulator (TPR): oversight of professional trustees TPR has announced a framework for the oversight of professional trustees. Pensions Regulator (TPR): supporting...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Another market correction is a pause for concern

I’ve been in the retirement plan business for 26 years and I’ve been through a few recessions in that time. There was the dot-bomb implosion, added by 9/11. Let us not forget when our entire financial system was on the verge...more

Stikeman Elliott LLP

Pensions and Leaves of Absences – No Extension of Canada Labour Code Protections to Other Retirement or Savings Plans

Stikeman Elliott LLP on

In the decision of WestJet Encore v ALPA, dated March 31, 2025, Arbitrator Kaplan held that a Canada Labour Code (the “Code”) provision which requires that pension (as well as health and disability) benefits continue to be...more

Walkers

Proposals to introduce age discrimination in Guernsey key points for employers

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The States of Guernsey is being asked to approve the introduction of legislation preventing age discrimination. These proposals will be voted upon in the April 2025 meeting....more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

SwissRe participants sue company and Empower

Former employees of Swiss Re American Holding Corp. are suing the company and its recordkeeper, Empower, for breaching their fiduciary duties under the Employee Retirement Income Security Act (ERISA). The plaintiffs allege...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Human Interest creates “401(k) Customer Guarantee”

Human Interest unveils a “401(k) Customer Experience Guarantee.” At least with those fiduciary warranties, it’s not insulting anyone’s intelligence....more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Managed Accounts have room to grow

Sponsors of 401(k) plans are increasingly recognizing the need to provide personalized investment options for their participants; however, access to managed accounts still remains limited....more

Alston & Bird

Department of Labor’s Temporary Policy Allows Voluntary Escheatment of Certain Retirement Benefits

Alston & Bird on

In this article, the authors delve into the Department of Labor’s temporary ERISA enforcement policy for unclaimed retirement benefit payments of $1,000 or less. The Department of Labor (DOL) has announced a temporary...more

Groom Law Group, Chartered

This Week From the Hill (March 30 – April 5, 2025)

Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more

A&O Shearman

Pensions: what's new this week - March 31, 2025

A&O Shearman on

Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. Finance Act 2025 receives royal assent - The Finance Act 2025...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

401GO gets involved with isolved on 401(k) offering

Retirement plan provider 401GO is partnering with isolved, a human capital management (HCM) technology solution, to offer retirement plans within isolved’s cloud network....more

Hogan Lovells

HL Pensions Law Digest 31 March 2025

Hogan Lovells on

A bite-sized summary of recent UK pension news Welcome to our latest update, in which we cover: Pensions dashboards blog: connecting via a third party Explaining the key steps when connecting to the dashboards ecosystem...more

Best Era

Law Firms Must Get “Unreasonable” To Win The Talent Wars

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As an adjunct legal professor, I’m fortunate to get to spend time with law students. They are smart, hardworking, and ready to make valuable contributions to the legal profession. And they’re different from lawyers of...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

This Is This: 401(k) Plan Providers’ Road And Role In 2025

When I was at law school in Washington D.C., I discovered Hollywood Video which was a thousand times better than Blockbuster because it had a better selection and the rental price was less. I’d spend my free time watching...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

You can’t sell Betamax in a VHS World

A plan provider once asked me if I had written a comprehensive article on why trustee-directed 401(k) plans are superior to participant-directed plans. Although I believe in this argument, I haven’t actually written such an...more

Hogan Lovells

Statutory retirement age reform in China

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According to the 2023 National Aging Development Bulletin released by the Ministry of Civil Affairs and the National Aging Office on October 12, 2024, China's elderly population aged 60 and above, as of the end of 2023, has...more

Offit Kurman

Financial Planning Tips for the Sandwich Generation with Sherry Finkel Murphy

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In this episode of The Sandwich Generation Survival Guide, host Candace Dellacona is joined by financial planner and author Sherry Finkel Murphy. They discuss the unique challenges of the 'Triple Decker Sandwich Generation,'...more

Hogan Lovells

What's new in the UK Pensions legal landscape? 24 March 2025

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This update covers: On 20 March last week, the Finance Bill received Royal Assent and became the Finance Act 2025. The provisions relevant to pensions make changes to: Further details are given below....more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

The thing about too much choice in 401(k) plans

In life, choice is usually a good thing. However, when it comes to daily valued 401(k) plans, too many choices aren’t a good thing. It sounds counter-intuitive, but too many choices offered to plan participants is usually a...more

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