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Salesforce gives up $1.35 million for 401(k) lawsuits

Salesforce Inc. has settled a couple of outstanding 401(k) lawsuits alleging excessive retirement p...

Employees aren’t confident in their retirement savings

In a result that should surprise no one, just 43% of employees say they feel highly confident they&...

DOL updates cybersecurity guidance

The Department of Labor (DOL) updated current cybersecurity guidance for plans governed by the Empl...

Alera buys Advanced Capital

The Alera Group Inc., from Deerfield, Illinois, announced the purchase of Minnesota-based Advanced ...

The problem with auto escalation

I worked at a place where employees were passive-aggressive and never said anything about how thing...

The end of forfeitures to reduce contributions is inevitable

Recently had a client going through an Internal Revenue Service (IRS) audit and while talking to an...

State mandates will spur private plans

I don’t need studies to tell me that States with mandated SIMPLE IRA programs for employers who d...

Forfeitures cases will continue until they get thrown out

Federal court cases are a game, like chess. You file a complaint, you fight the inevitable motion t...

Plan sponsors are happy with their advisors

Financial advisors working on 401(k) advisors have happy clients, according to a new Fidelity surve...

IRS provides matching guidance

The Internal Revenue Service issued interim guidance on employer matching contributions made to ret...