Retirement & Benefits

From 2016 to 2024, IBM’s target-retirement and target-risk funds underperformed comparable funds by as much as 20% to 30%, according to the complaint.

The health insurer group’s new employer-provided coverage primer ends with a plea for stability.

Nearly 31.9 million 401(k) plans have been forgotten or left behind when employees were terminated or changed jobs.

The move will be ‘“devastating” for the recipients who have permission to receive them.

Despite proving at trial that the airline favored ESG goals in its 401(k) plan, the plaintiff failed to show that this resulted in financial losses, according to Judge Reed O’Conner of the U.S. District Court for the Northern District of Texas.

In the second quarter, 138 contracts were sold—down 30% from the same period last year.