"[A]uto-portability is limited to small balances -- $7,000 or less.... This can make it very confusing for individuals who -- over time -- leave multiple employers with balances on each side of the $7,000 threshold.... Auto-portability deducts a fee from each individual's automatic rollover IRA balance -- without their consent -- before sending the money to the 'transfer-in' plan.... The auto-portability process adds three more notices to the list of required retirement plan notices.... The 'transfer-in' plan must designate a plan representative to have fiduciary responsibility for monitoring transfers into the plan through auto-portability."  MORE >>

"Understanding how QDROs work can help avoid costly delays and protect everyone's interests. This guide provides key information from the [DOL], the [IRS], and the [GAO] to help clients, family law attorneys, and retirement plan administrators navigate QDROs with greater clarity."  MORE >>

"In the years leading up to a dementia diagnosis, individuals' cognitive capacities begin to change, subtly at first, while they maintain full control of their finances.... Profound vulnerability to financial losses is the result. In most cases, money will have begun leaking out of the accounts of those affected six to eight years before their cognitive issues become impossible to ignore, when they or their families consult a physician."  MORE >>

"The Fairness in Benefits Act ... requires employers that participate in the Tennessee Consolidated Retirement System (TCRS) to allow a private entity to disseminate information and educational materials it developed about the alternative retirement plans and supplemental benefits it offers.... [T]he materials would be developed by a private entity and concern alternative private retirement plans and supplemental benefits."  MORE >>

"AI can do some pretty cool stuff. Chatbots that answer participant questions at 2 a.m.? Great. Tools that flag eligibility errors before the auditor does? Even better. But here's where the honeymoon ends -- because while AI might make life easier, it also comes with enough legal and compliance baggage to give any sponsor a fiduciary ulcer."  MORE >>