Making it easier for employees to bring their retirement savings along when they shift jobs obviously benefits them. Because it reduces the fiduciary risks associated with missing participants and auto cash-outs, facilitating portability also… Read Moreabout 401k Auto Portability Benefits Everyone
As part of its intense focus on retirement security, Congress is considering new two-pronged legislation. If it passes, retirement industry experts anticipate that plan sponsors might face more trips to court stemming from fiduciary… Read Moreabout Head’s Up: Amended ERISA Legislation?
Among the many requirements for 401(k) plans are the timely dissemination of a variety of standard notices to participants. ERISA experts remind us that adhering to notice requirements is critical: failure leaves participants without… Read Moreabout Retirement Plans: Notice Failure?
Together, small businesses are the largest employer in the country—and they are increasingly prioritizing worker well being. For example, according to new research, one in four are responding to the disruption of the pandemic by… Read Moreabout A Rising Priority: Benefits!
A cyber-attack is a digital assault by cyber-criminals using a technical device to sneak through private records on a single computer, multiple computers, or computer networks. Cyber-attacks can swiftly disable computers, swipe essential data, or hijack a… Read Moreabout What are Common Cyber-Threats?
The Federal Bureau of Investigation is surveilling a recent data breach that seized the vital information of coronavirus-positive South Dakota residents. The data breach occurred in June of 2020, and surfaced when a third-party vendor unearthed… Read Moreabout FBI Probes COVID-19 Patient Data Breach
Millions of customers have just slammed the hotel giant Marriot International with a serious class-action lawsuit, demanding significant compensation after their sensitive information was stolen, in one of the world’s most significant data breaches ever…. Read Moreabout Marriot International Faces Class Action Lawsuit Over Data Breach
Since the dawn of the COVID-19 shutdown that has caused more businesses to a remote environment, cyber-hackers have had ample opportunity to steal plan participant credentials and personal information. The lawsuit, Bartnett v. Abbot Laboratories et al., No…. Read Moreabout Lawsuit Alleges Plan Sponsor Need to Plan Better for Cyber-attacks
