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Death spiral begins this year, as costs will outstrip revenue.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
By Lynn Cavanaugh | June 13, 2025
This week, Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, following a similar suit last month. What’s surprising is that another health insurer, UnitedHealth, is now facing two similar 401(k) lawsuits.
By Lynn Cavanaugh | June 05, 2025
This class-action suit is one of 50 filed in the past two years by employees challenging how employers use the “forfeited funds” from departing employees who leave before they are vested in the retirement plan.
By Lynn Cavanaugh | May 29, 2025
In 2022, the U.S. Department of Labor warned fiduciaries to “exercise extreme care” before adding a cryptocurrency option to their plans. Today the agency has rescinded that guidance.