The Internal Revenue Service issued guidance in Notice 2024-55 on applying exceptions to the 10% excise tax under Internal Revenue Code (IRC) Section 72(t) for emergency personal expense distributions and domestic abuse victim distributions. Internal Reven...
According to Vanguard, hardship distributions are up and that’s not a good sign. The number of hardship withdrawals per 1,000 savers soared about 40% in 20023 and has doubled since 2021. The main reason people were raiding their retirement accounts wa...
PNC Financial Services Group Inc. won their lawsuit brought by their employees, that accused them o...
Fisher Investments announced that they will be spinning out an independent 401(k) solutions divisio...
Milliman beat back claims that it breached a duty by retaining in-house target risk funds in its 40...
I think I learned in American politics that first semester in Stony Brook that if men were angels, ...
A federal judge in Northern California stated HP Inc. doesn’t violate the Employee Retirement Inc...
The ERISA Industry Committee (ERIC) is pushing back on the Department of Labor (DOL) ask to require...
A Vanguard published report found that the average participant deferral rate matched the historic h...
For about a 25-year run, mutual funds dominated the 401(k) market, but signs are changing. A recent...
