By clarifying what constitutes “adequate consideration,” the DOL aims to reduce ambiguity and enhance compliance among ESOP ...
The ERISA Industry Committee battle against crazy quilt benefits rules now involves skirmishes in Tennessee and Maryland.
The notorious Reed O’Connor is back with another one of his patented-troll decisions, this time threatening to upend the ...
The three retirees' lawsuit, filed Dec. 30 in U.S. District Court in New York, alleges Verizon and SSGA violated their ...
The rational litigant model adopted by law professor Sean Farhang and others argues that plaintiffs will sue if the lawsuit ...
Retirement is a major financial shift. If you're planning to leave the workforce in the not-so-distant future, Robert ...
The Social Security Fairness Act eliminates two provisions, the WEP and the GPO, that have been penalizing a sizable portion ...
The U.S. Department of Labor’s recent effort to impose new requirements on financial professionals providing retirement investment advice faces doubtful prospects because of court challenges and the ...
retirement plans subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), unless exempt therefrom, or other state or federal laws governing ...
You lose the unlimited creditor protection of the Employee Retirement Income Security Act. See section below. Early withdrawals before age 59½ are subject to a 10% penalty, unless exceptions apply.