Willie Sutton once famously remarked that he robbed banks “because that’s where the money is.”  These days cyber criminals might say the same thing about 401(k) plans. This week, we checked in with NAPA-Net readers on their (and their clients’) cyber insecurities. Though such attempts don’t often... READ MORE

In a unanimous ruling, the nation’s highest court says you don’t need more than a dictionary to know the meaning of “actual knowledge” when it comes to participant awareness regarding 401(k) disclosures. ‘Tell’ Tale The decision came in a case involving Intel’s 401(k), its decision to invest its... READ MORE

Roth 401(k)s are more prevalent—and popular—than ever. But is that good—or bad—for retirement? A recent op-ed[i] in The Wall Street Journal explored the potential implications—“What ‘Rothifying’ 401(k)s Would Mean for Retirees”— (subscription required), though the focus is on tax policy as well... READ MORE

If you think you’ve had a bad week, just remember—it could have been worse. Check out what happened to these guys (and gals)…  In Wyoming, Michigan, an unnamed individual was clearing out the home of a deceased relative… when he came across…"a couple, what appeared to be, hand grenades”… so, what... READ MORE

Having been named in at least three separate suits regarding its FundsNetwork platform structure, Fidelity has prevailed in at least one. This particular suit, brought as a potential class action by Andre W. Wong, a participant in the T-Mobile USA, Inc. 401(k) Retirement Savings Plan and Trust, on... READ MORE

Taking a page from a earlier 403(b) university excessive fee settlement, the Schlichter law firm has made a new allegation of fiduciary breach in a 401(k) suit—the unauthorized use of participant data. This week we asked NAPA-Net readers what, if anything, they were seeing—and saying—on the subject... READ MORE

Could lifetime income disclosures undermine retirement savings? Over the past several years, a growing amount of attention has been focused on the decumulations of defined contribution plan balances in retirement – and a sense that the emphasis on account growth, and account balances, glosses over... READ MORE

Taking a page from an earlier 403(b) university excessive fee settlement, the Schlichter law firm has made a new allegation of fiduciary breach in a 401(k) suit – the unauthorized use of participant data. More specifically, the recent suit against Shell Oil defendants noted that “Plan participants... READ MORE

Whatever else separates us, every year more than 100 million Americans come together to watch the Super Bowl – and this year the ads that run during that television event sold for a record $5.6 million (for 30 seconds). This week we asked readers to share their favorites. Far and away the most... READ MORE