Remy Samuels

The Department of Labor’s Employee Benefits Security Administration has announced extended deadlines and guidance for employee benefit plans, plan sponsors and participants who have been affected by the recent disasters of Hurricane Helene and Hurricane Milton.

This is the fifth time since 2019 that the Supreme Court has refused to consider the issue.

A new academic paper found that automatic features, while a net positive, are not producing the long-term wealth formation some experts had expected.

Six investor advocacy groups wrote that allowing 403(b) plans to invest in collective investment trusts would put the ‘most vulnerable’ retirement savers at risk, according to a recently published letter.

President-elect Donald Trump will get to nominate a new candidate for the director position.

The banking company has been accused of using forfeited funds for its own benefit by funding future employer contributions.

The distribution is the result of a Department of Labor investigation into the AEU Holdings LLC Benefit Plan, which was charged with causing $83 million of health claims to be wrongly billed to its participants.

RISavers administered by Vestwell is expected to begin a pilot in the spring of 2025 in partnership with Connecticut's state program.

Currently, 8.8 million borrowers are nearing or in retirement and owe $380 billion in student loan debt.

House Republicans are seeking to uncover whether the Department of Labor has shared confidential plan information with other law firms while calling on the regulator to stop the practice.