Retirement plan trade organizations and advocates, law firms, and other affected parties proposed to the Internal Revenue Service (IRS) an expanded range of circumstances they believe merit review and determination letter judgment by the tax agency.

Following a flood of investment derisking activity after the 2008 global financial crisis, defined benefit (DB) plan sponsors now face the fallout from years of rising demand for insurer buyouts of pension benefit obligations (PBOs).

Automated features now standard for most employer-sponsored retirement plans helped bring about a record 8.3-percent average participant deferral rate in 2017—the highest level in a decade, according to a recent T. Rowe Price study.

Continuing from yesterday’s post, here’s more valuable information you’ll want to consider when developing and implementing a financial wellness training program.

The U.S. 2nd Circuit Court of Appeals (whose decisions apply to all New York employers) recently settled a split among the U.S. district courts under its jurisdiction and concluded once and for all that cumulative liquidated damages under the New York Labor Law (NYLL) and the federal Fair Labor Standards Act (FLSA) are not permitted.

According to PwC’s 2017 Employee Financial Wellness Survey, 53% of full-time employed adults said that they are stressed about their finances.

Under New Hampshire law, an employer must notify an employee of any change to his rate of pay before the change takes effect, and that includes any change to the manner in which commissions are calculated and paid.