The best way to describe what a TPA does, said Hooker, is that they are “equivalent to being the CPA for the retirement plan,” adding that TPAs are focused on designing a plan around a plan sponsor.

In the case of a $100,000 rollover check, a two-week absence from the market during an upturn could cost $37,512 in lost ...

On May 22, the House of Representatives narrowly passed the “One Big Beautiful Bill Act” — legislation that would extend the expiring provisions of the Tax Cuts and Jobs Act (TCJA) and provide ...

In Alabama, literacy refers to more than the ability to read and write — it also encompasses finances. Alabama requires high school students to participate in its Career Preparedness curriculum, and ...

The suit had also alleged a failure to monitor the plan’s recordkeeping fees, which they claimed should have been $25-$30 per participant (versus allegedly paying $62.46 – $81.48, or $160 considering ...

Bipartisan legislation to establish an automatic reenrollment safe harbor has been reintroduced by two key members of the Senate Health, Education, Labor and Pensions (HELP) Committee in a bid to help ...

Late on May 20, the House Financial Services Committee approved legislation that would allow 403 (b) plans to include collective investment trusts (CITs) as part of their investment lineup.

A majority of plan sponsors like the idea of an employee choice program through which part — or all — of an employer’s typical retirement plan contribution can be allocated to a benefit plan a ...

In the race to become law, the bill that would slash the threshold for required participation in New Jersey Secure Choice from 25 employees to one — effectively including all private-sector employers ...