FedEx to Discontinue Pension Plan for New Hires
The switch to a 401(k) plan isn’t intended to save money but is "really more about evolution of our benefits and being competitive as an employer."
GE Freezes Pensions to Reduce Deficit, Debt
“Returning GE to a position of strength has required us to make several difficult decisions, and today’s decision to freeze the pension is no exception."
Older employees who cannot afford to retire can present a costly challenge for the entire company.
Metric of the Month: Payroll Errors
When you take 10 days to fix a payroll error, it can feel like an eternity to the employee who needs the money to pay her bills.
Trump’s Pension Policy
If Trump shelves the new fiduciary rule, brokers might seek out deals that pay them best, rather than act in the best interests of sponsors and employees.
How to Choose a 401(k) Plan Auditor
CFOs must be careful in making this choice, because there may be issues of penalties and personal legal liability.
Special Report: 401(k) Trends and Tips for 2016
Fiduciary liability issues dominate the 401(k) landscape this year.
Why 401(k) plan sponsors' motivations for switching to passive investment vehicles could run afoul of ERISA.
Is Your Company’s Retirement Plan Fine, or About to Be Fined?
CFOs aren't as concerned about fiduciary liability as they should be.
Obama Taking On Retirement-Savings Shortfall In 2017 Budget
The budget will reportedly require employers without 401(k)s to set up an auto-enrollment individual retirement account for workers.
Boeing Settles 401(k) Class Action for $57M
Boeing denied the allegations but has made a number of changes to its plan, including replacing mutual funds with lower-cost investment options.