Employees Retirement Income Plan News
Deloitte: 401(k) Plan Sponsors Less Confident That Employees Will be Financially Prepared for Retirement
NEW YORK, Feb. 6, 2012 /PRNewswire/ -- While many employees and retirees hope to stretch their 401(k) plans well beyond their original purpose, 84 percent of polled executives responsible for such plans ...
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Lifetime retirement income?
New regulations are intended to make it easier for retirees to transfer money from their 401k's into an annuity that would guarantee payments until they die.
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4 Ways New Annuity Rules Will Help Retirees
White House backs efforts to help employees turn retirement savings into lifetime income payments.
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DOL sues Bethesda, Md., company and owner to restore nearly $800,000 in 401(k) plan funds invested in fraud scheme [02 ...
The U.S. Department of Labor has filed a lawsuit against Bethesda-based Dynasty Construction Inc. and owner John J. Barrett III for breach of fiduciary duty with respect to the company's 401(k) plan. According to the suit, more than $775,000 from the 401(k) plan was invested in a fraudulent scheme in 2006, in violation of the Employee Retirement Income Security Act. This amount represented ...
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Obama's Latest Retirement Rescue Plan: Annuities
The government is hoping to give Americans ways to keep income flowing later in life by removing some of the regulatory roadblocks that have made annuities less attractive.
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