"The Qualified Separate Line of Business (QSLOB) rules can help a plan satisfy minimum coverage rules.... [A] flow chart from the IRS is a helpful guide.... A line of business (LOB) is a portion of an employer that is identified by the property or services it provides to customers of the employer.... A separate LOB (SLOB) is a line of business that is organized and operated separately from the remainder of the employer. In order to be a SLOB, the LOB must satisfy four statutory requirements ... In order to be a qualified SLOB (QSLOB), the SLOB must meet three additional requirements."  MORE >>

"[T]he suit alleges that the TIAA Defendants have kept in the Plans their proprietary in-house managed funds with a higher-cost share class when a lower-cost share class was readily available, resulting in the Plans paying higher fees than they otherwise would have paid for investing in the exact same funds." [Byrne v. TIAA, No. 25-4228 (S.D.N.Y. complaint filed May 20, 2025)]  MORE >>

"Despite the importance of retirement planning, ... 67% of investors admit to spending no time at all working on it in a typical month ... 53% of investors ages 55 to 65 still spend zero time in a typical month on it. ... Plan sponsors can leverage a variety of strategies, including personalized omnichannel communications that speak to different life stages and financial concerns. Tailored messaging based on career stage, income level, retirement goals, and timelines can help ensure relevance and boost engagement."  MORE >>

"If enacted as currently written, the FERS supplement would be eliminated beginning Jan. 1, 2028, though language stipulates that any federal worker already 'entitled' to retire with the supplement on that date will retain their eligibility."  MORE >>

"Parents or legal guardians may open accounts on behalf of eligible children ... The Act calls for the federal government to seed each Trump Account with an initial $1,000 deposit upon creation.... Contributions would be capped at $5,000 per year, adjusted for inflation.... Favorable tax treatment would apply to payment of certain 'qualified expenses,' including costs related to financing higher education, purchasing a home, or starting up a small business.... No distributions are permitted until the beneficiary turns 18, except in limited circumstances."  MORE >>

"The most attractive feature of a Roth IRA is its tax-free growth and withdrawals.... Ideally, you should pay the taxes due on a Roth conversion from non-retirement assets.... This makes Roth conversions a less practical solution for those who are cash-strapped or heavily concentrated in pre-tax retirement accounts.... Because conversions increase your adjusted gross income (AGI), they may reduce your eligibility for income-based programs such as [ACA] health insurance subsidies or FAFSA-based financial aid for college-bound children.... A poorly executed Roth conversion can create a cascade of tax headaches."  MORE >>

"[A] 2020 report found 62 percent of Asian American caregivers were providing care to parents ... This Fast Fact examines the retirement culture of Asian Americans and its impact on retirement preparations by analyzing the living arrangements of both retirees and workers and the value and ownership of retirement assets. It then compares these statistics with those for other racial groups. "  MORE >>

"[1] It's not OK to do a big splurge.... [2] It's best to leave money to charity after death.... [3] It's best to spend less.... [4] You must pay off your house before retiring.... [5] You should avoid reverse mortgages.... [6] A stock market crash is your biggest financial risk."  MORE >>