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Student loan match legislation proposed

Sen. Ron Wyden (D-OR) has reintroduced legislation that would permit 401(k), 403(b), SIMPLE and governmental 457(b) retirement plans to make matching contributions to workers as if their student loan payments were salary reduction contributions.   The leg...

bbt

BB&T settles 401(k) lawsuit

With a planned merger with SunTrust, BB&T tied up a loose end by agreeing to a $24 million settlement on a class action lawsuit filed against them over their 401(k) plan.   The lawsuit alleged that BB&T breached its fiduciary duties by causing its...

retireh

The Retireholi(k)s to appear at That 401(k) National Conference

When I was working at the semi-prestigious law firm, I was castigated by the managing attorney (Sorr...

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Average Deferral Rates at a Ten-Year High

T. Rowe Price has released its annual participant data benchmarking report, which shows mixed result...

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DOL to try that new fiduciary rule again

Secretary of Labor Alexander Acosta indicated that the Department of Labor will try to roll out a ne...

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That 401(k) Conference hits KC

The 8th edition of That 401(k) Conference was held at Kauffman Stadium in Kansas City on Friday, May...

New Jersey creates Required State Run Auto-IRA Plan

As Congress and the Department of Labor (DOL) still keep the status of open multiple employer plans ...

403b

Less than a year to mandatory 403(b) Restatement

With May here, plan sponsors and plan provider may not be aware of an Internal Revenue Service (IRS)...

vandy

Vanderbilt forks over $14 million in 403(b) settlement

The plethora of class action lawsuits against colleges and universities over their 403(b) plans have...

td

TD Ameritrade to sell retirement plan assets to Broadridge

There is further consolidation in the retirement plan business as TD Ameritrade is selling its retir...