Rev. Dec. 2025. "Use Form 8915-F for 2021 and later disasters. Also, use it after 2020 for coronavirus-related and other 2020 disasters instead of Form 8915-E. Major Disaster Declarations [on the FEMA website] provides the only qualified disasters and their FEMA numbers for item C. 'This year' (as used on this form) is the year of the form you check in item A next. For example, if you check 2022, 'this year' is 2022."  MORE >>

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"  MORE >>

Dec. 10, 2025. "What's New: [1] Definitions for IRAs.... [2] Clarification on nondeductible contributions.... [3] References to 2025 Form 8915-F.... [4] Modified adjusted gross income (AGI) limit for traditional IRA contributions increased.... [5] Modified AGI limit for Roth IRA contributions increased. " [Also available:  2025 IRS Form 8606: Nondeductible IRAs]  MORE >>

"In the fact sheet accompanying the order, the White House accused two major proxy advisory firms, Institutional Shareholder Services Inc. and Glass, Lewis & Co.... of using their market dominance to push 'radical leftist policies' on U.S. corporations.... The order further tasked the [DOL] with strengthening fiduciary standards under [ERISA], which are already considered among the strictest under U.S. law, to ensure that pension fund managers and proxy advisers act solely in the financial interests of American workers and retirees[.]"  MORE >>

"In both cases, the Solicitor General agreed with the petitioners ... that the legal questions are sufficiently important to warrant the Supreme Court's review. Further, the Solicitor General supported the plan sponsor and fiduciary defendants (and disagreed with the plaintiffs) on the merits of the legal questions being presented to the Supreme Court. This reflects a clear shift under the new Administration to interpret ERISA in reasonable and common-sense manner." 
[Johnson v. Parker-Hannifin Corp., No. 24-3014 (6th Cir. Nov. 20, 2024; cert. pet filed Mar. 26, 2025, No. 24-1030; DOL amicus brief filed Dec. 9, 2025); Pizarro v. Home Depot, No. 22-13643 (11th Cir. Aug. 2, 2024; cert. pet. filed Dec. 3, 2024; DOL amicus brief filed Dec. 9, 2025) ]   MORE >>

"Iowa Attorney General Brenna Bird submitted a brief ... in support of Lockheed Martin Corp. in a lawsuit over its choice of Athene Annuity and Life Co. in a pension risk transfer deal. The brief, joined by attorneys general in nine additional states, equates the lawsuit claims as an attack on the efficacy of the state-based insurance regulation system." [Konya v. Lockheed Martin Corp., No. 24-0750 (D. Md. Mar. 28, 2025; on appeal to 4th Cir. No. 25-2061)]  MORE >>

73 pages. "The total number of pension plans grew ... to approximately 836,800, a 4.4 percent increase over 2022. The number of DC plans grew by 4.7 percent, while the number of DB plans decreased by 0.6 percent.... The number of 401(k)-type plans increased by 5.6 percent, from 686,000 to 724,700.... There were 81.6 million active participants in 401(k)-type plans, reflecting a 2.7 percent increase from 2022." [Also available: data tables in XLSM and XML formats; and Historical Tables and Graphs, 1975-2021.]  MORE >>

"While third party administrators (TPAs) and other pension professionals play a critical role in successful 401ks, plan sponsors retain the ultimate responsibility for ensuring that the plan continuously operates in the best interests of participants. That's why it is wise for plan sponsors to avoid autopilot mode, and actively review their own fiduciary practices. [This article provides] pointers on common mistakes and misunderstandings to avoid."  MORE >>

"The main takeaways are that in addition to selecting qualified staff, the public funds with the best funded status and risk management are those where there are: [1] effective governance and delegation of responsibilities between Boards and investment staff, [2] continuity of tenure in both organizations, [3] empowerment of staff to be long-term investors, and [4] a collaborative environment."  MORE >>

"It's no secret that the combination of a sharp increase in interest rates and a historically strong equity market has lifted corporate DB plans to higher funded ratios and better hedged positions. To make the most of the opportunities this unique period has created ... there are several key lessons to keep in mind: [1] Rising funded ratios alone do not guarantee optimal hedge positioning. [2] Falling liability durations require proactive recalibration. [3] Avoiding over-hedging has become just as important as fixing under-hedging. [4] Sub-asset-class construction in fixed income -- not just allocation size -- now drives success."  MORE >>

15 pages. "Financial literacy improves with life stage -- recent hires are the most financially literate, followed by college students, and high school students ... Respondents whose parents did not attend college demonstrated lower literacy rates; this is consistent with findings from both 2023 and 2024 surveys ... Most student respondents thought retirement savings should begin with a life milestone, like getting your first job or buying a house. College students and respondents with higher literacy are more likely to say you should start saving for retirement now."  MORE >>

"In its Pizarro amicus brief, the Department asserts that causation is an element plaintiffs must affirmatively establish and that courts err by shifting any burden to fiduciaries once a breach and loss are plausibly alleged. But that framing ignores the procedural consequences of what the Department is demanding." [Pizarro v. Home Depot, No. 22-13643 (11th Cir. Aug. 2, 2024; cert. pet. filed Dec. 3, 2024; DOL amicus brief filed Dec. 9, 2025)]   MORE >>

"[L]oan defaults are the leak nobody talks about. You can have great fund lineups, low fees, and compliant disclosures -- but when participants leave their jobs and their loan becomes taxable income, that's a permanent loss of savings.... Will employers make [Custodia's RLP] an opt-in benefit or automatically apply it to new loans? How will costs be handled? Will participants understand it's insurance against default, not a free loan forgiveness program? Like every new benefit, the success will depend on communication and administration."  MORE >>