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Displaying 202 results for: fiduciary liability
ERISA 05.11.2021

Even Allegations Are Costly

As a record number of new ERISA class actions were filed in the past year, smaller retirement plans are increasingly impacted. Since even the allegation of an ERISA breach can be very costly, small businesses…
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Even Allegations Are Costly
ERISA 05.11.2021

Heading Into Act Two

  Government plans dubbed “Secure 2.0” are underway, strengthening 2020’s Secure Act to advance more retirement saving efforts. Recognizing that the COVID-19 crisis has underscored the critical importance of saving, policy makers are eager to…
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Heading Into Act Two
ERISA 05.03.2021

Expanding: ERISA Fiduciary Responsibilities

Information about how ERISA litigation is playing out in courtrooms across the country helps retirement plan fiduciaries understand their increasing responsibilities. With the Department of Labor’s recent call to action on cybersecurity, fiduciaries from plans…
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Expanding: ERISA Fiduciary Responsibilities
ERISA 05.03.2021

Can’t Afford to Save?

  New data points to the importance of plan sponsors continuously communicating with employees about how even modest savings add up on the path to retirement. Here are tips on boosting confidence in retirement saving….
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Can’t Afford to Save?
Cyber for Plan Sponsors 04.26.2021

High Expectations: Cybersecurity Updates

Under ERISA, Business owners who sponsor 401(k) plans have important fiduciary responsibilities related to the prudent selection and monitoring of service providers. EBSA has now issued guidance to ensure plan sponsors choose service providers who…
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High Expectations: Cybersecurity Updates
ERISA 04.26.2021

Targeting Smaller Plans: ERISA Class Actions

It’s no secret that ERISA Class Actions have been on the rise, putting fiduciaries in the hot seat, especially related to decisions about plan fees. Though large plans were initially the prime targets, claims are…
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Targeting Smaller Plans: ERISA Class Actions
Cyber for Plan Sponsors 04.19.2021

Cyber Breach Response: Who’s Ready?

Given the likelihood that all of our businesses will at some point experience a cyber breach, experts emphasize the importance of naming a designated response team. A cyber breach does not necessarily spell disaster, but…
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Cyber Breach Response: Who’s Ready?
ERISA 04.19.2021

Easy To Forget: Reminders for Plan Sponsors

Busy person and plan sponsor: one and the same, right?  As a business owner, you’ve likely found that sponsoring a retirement plan for yourself and your employees, though critically important, can really add to your…
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Easy To Forget: Reminders for Plan Sponsors
ERISA 04.14.2021

401(k) Tax Credits for Small Businesses

  Starting and administering a 401(k) retirement plan can be a daunting challenge for small businesses. Tax credits can help. If you’ve previously begun a plan, you may even be eligible for tax credits now….
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401(k) Tax Credits for Small Businesses