Retirement & Benefits

The company transferred $6 billion in defined-benefit pension plan obligations for 32,000 participants.

He told an interviewer that IVF cash could come either from the government or from insurers.

About 57% of employer benefits decision-makers think the GLP-1 agonist obesity drugs are a major driver of the increase.

The firm mismanaged its $3.4 billion 401(k) plan by overpaying for administrative services and misusing money forfeited by former employees, the class-action lawsuit alleges.

BofA employees filed a lawsuit last week alleging that the company mismanaged its 401(k) plan by using assets forfeited by former workers for its own financial benefit.

About 300,000 employees sued FBG for mismanaging their benefit plans by collecting "ill-gotten profits" from their retirement, health, and fringe-benefits plans.