Page 3 - Defined Contribution Plan News Today

The defendants contest their process ensures that any fees paid by participants are reasonable and all services and investment offerings are in the best interests of the participants.

Financial planning is the center of most activities of the average Ghanaian. This is evident in most behaviors and decisions Ghanaians make in their everyday life activities. The reasoning is that people table financial plans that they perceive will cater for them in times when they require assistance of some…

Sen. James C. Moylan has introduced legislation to allow law enforcement officers to retire without penalty at age 57, rather than age 62.

Arvest Wealth Management’s retirement plan consulting group has been named to the National Association of Plan Advisors’ list of the nation’s top defined contribution (DC) Advisor Teams with assets under advisement of more than $100 million.

O'Kelly McWilliams is an employment lawyer at Mintz Levin in DC focused on employment, agreements, disputes and compensation matters. He regularly provides guidance on managing employee relationships and has helped many companies investigate and respond to allegations of employer misconduct.

Cryptocurrency in 401k plans may prove to be a loss for retirement security. DOL issued Compliance Assistance Release No. 2022-01 to caution plan fiduciaries to be careful before considering whether to include investment options like cryptocurrency as part of a 401k plan.

The city of Kingsport is looking at changing its retirement plan in an attempt to try and retain employees and also make the city more attractive to potential employees.

An ICI survey also found defined contribution plan participants want to maintain control of their investments. Fortunately, most plans offer guardrails for those that would harm themselves by doing so.

O'Kelly McWilliams is an employment lawyer at Mintz Levin in DC focused on employment, agreements, disputes and compensation matters. He regularly provides guidance on managing employee relationships and has helped many companies investigate and respond to allegations of employer misconduct.

Puerto Rico ERS’ collapse could have been avoided, an industry expert says.