"There has been some confusion over the years on how this rule applies when an employer files its return before the applicable deadline either [1] after filing for an extension, or [2] before requesting an extension. Does the tax return filing preclude the employer from later making a contribution and claiming a deduction for the tax year to which the filing relates? The short answer is no. But let's explore the reasoning."  MORE >>

"Individuals who engage in nontraditional work, ranging from independent contracting work to gig economy work and temporary work ... are less likely than traditional workers to be covered by employer-sponsored pension and retirement plans.... [T]his report provides an overview of retirement savings options and the different types of workers in the United States and their access to retirement savings plans and discusses policy challenges specifically relating to increasing coverage among nontraditional workers." [R48484 Apr. 7, 2025]  MORE >>

"Expanding access, increasing participation, boosting engagement and improving outcomes in 401(k)s are four key challenges at this critical time for the workplace retirement plan industry ... The report identifies innovators who are tackling the industry's most pressing challenges while driving ecosystem-wide improvements[.]"  MORE >>

"[P]lan sponsors believe artificial intelligence technology will enable them to: [1] Use predictive analytics to estimate participation levels in workplace plans. [2] Estimate the future performance of workplace plans. [3] Summarize large volumes of plan information. [4] Automate complicated plan management tasks. [5] Optimize the process of deciding which benefits to offer. By taking these tasks off the to-do lists of plan administrators, AI could incentivize more companies to offer workplace retirement plans by reducing the cost burden."  MORE >>

"It is largely a misconception that offloading certain responsibilities to a co-fiduciary 3(21) or a 3(38) adviser, for example, relieves a retirement plan committee of its fiduciary duties. The need for fiduciary education does not go away when a plan outsources; rather, the focus of the plan committee shifts toward oversight and controls."  MORE >>

"The Financial Freedom Act [S 1222] would prohibit the secretary of labor 'from constraining the range or type of investments that may be offered to participants and beneficiaries of individual retirement accounts who exercise control over the assets in such accounts,' according to a Tuberville statement."  MORE >>

"[T]he financial wellness benefits market is rapidly evolving, with a significant number of players competing for dominance. Startups and employee benefits providers -- including those offering EAPs, healthcare, and insurance -- have flooded the space. But ... many of these entrants are relatively new and lack a solid track record."  MORE >>

"Why is a QDRO necessary? ... How long does it take to process a QDRO? ... What happens if a QDRO is not submitted? ... Can a QDRO be modified? ... What are common mistakes to avoid with QDROs?"  MORE >>