Posts by RetireAware
New Lawsuit Targets TIAA and Morningstar
A new fiduciary case, Kelley v. TIAA, has been filed against TIAA and Morningstar. This case is different than the typical “fees are too high and returns are too low” type of case –it contains some significant new accusations against TIAA and raises new issues. If this case succeeds, it could have some far-reaching implications. […]
New Rules for Emergency Distributions
New IRS guidance clarifies provisions of SECURE 2.0 allowing employees to access their funds in an emergency.
Birds of a Feather?
The DOL has issued new guidance narrowing the circumstances under which a group of unrelated employers can come together and create a group health care plan.
If At First You Don’t Succeed…
The DOL has finalized new rules defining who is an investment fiduciary under ERISA; this marks the DOL’s latest effort to replace rules issued in 1975.
SECURE Act Provisions Start Taking Shape
IRS Guidance on recent legislation helps employers start planning for next few years.
Court of Appeals Focuses on Indirect Compensation
Recent court decision reiterates that provider fees are reasonable only of fiduciaries understand all income received by a provider as the result of providing services to a plan.
DOL Tries (Again) to Redefine ERISA Investment Fiduciary
DOL takes another swing at redefining investment fiduciaries