Pension obligations fell by more than $100 billion — that’s billion with a “b” — in 2024, says WTW. More specifically, they ...

By some measures, plans ended December better off than they had been when it began; by others, they did not. But whichever side of the ledger an analyst says private-sector DB plans ended the month on ...

Treasury Secretary nominee Scott Bessent, in his confirmation hearing before the Senate Finance Committee, warned that the nation could face an economic crisis if Congress fails to extend the Tax Cuts ...

The PBGC has proposed modifications to its regulations on premium rates, premium due dates, and termination of single-employer plans; they arise from the agency’s ongoing retrospective review of the ...

The fires raging in California are only the latest instance of a major disaster for which individuals may have an unanticipated need for funds. Enter SECURE 2.0, which makes it easier for qualified ...

The DOL on Jan. 14 released its final rule regarding changes to its Voluntary Fiduciary Correction Program (VFCP); it says the most significant changes involve the addition of two new self-correction ...

A spokesperson for the National Conference on Public Employee Retirement Systems added "since the effective date of H.R 82 [the Social Security Fairness Act] is after December 2023, by law SSA has to ...

The IRS has updated guidance and procedures concerning determination letters and letter rulings relevant to retirement plans. The updated guidance and procedures are contained in Revenue Procedure ...