The American Retirement Association is asking Congress to expand the self-correction program (SCP) within the IRS’ Employee Plans Compliance Resolution System (EPCRS) to enable businesses with retirement plans to more easily correct common mistakes. Read More
Commonwealth Secretary William F. Galvin has charged MetLife with making misleading statements relating to its failure to make pension payments to hundreds of Massachusetts retirees. Read More
Betterment Securities agreed to a $400,000 settlement and censure over alleged violations that its practices during a period of rapid growth did not comply with certain FINRA and SEC financial and operational rules and interpretations. Read More
Last week the Wall Street Journal had a full-page piece (for those who still read the paper version) on “Five Ways to Improve 401(k)s.” But will they? And are there other, better ways? Read More
New policies are needed to address retirement savings access and portability issues that Millennials and other generations face as part of the growing gig economy, according to panelists at a Capitol Hill forum. Read More
Responding to a question from an advisor in California, the ERISA consultants at the Retirement Learning Center Resource addressed a common inquiry involving Medicare Part B premiums. Read More