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The U.S. Department of Labor last week asked a federal judge to throw out a lawsuit challenging its 401(k) cryptocurrency investing guidance.
ForUsAll, a low-cost 401(k) recordkeeping firm in San Francisco, sued the department in June, claiming regulators were changing policy without undergoing the required notice-and-comment process. The department countered in its dismissal motion before the U.S. District Court for the District of Columbia that subregulatory guidance “does not have the force of law, nor does it make new law.”
DOL orders Wells Fargo to pay $132M settlement to 401(k) participants
The retention reset: How to win back your employees
Timing Is Everything: 3 Signs Your Clients Need Healthcare Navigation
New guidelines from DOL for ERISA health plan audits
Workers need a nudge to save for retirement? Investment group seeking 401(k) champions
Nick Strain | September 20, 2022
These are two separate plans that can be combined as a powerful tool to help you save for retirement, decrease your taxes, attract and retain top talent, and help your employees save for retirement.
Charles Toutant | September 19, 2022
“I think it’s going to force more companies to take a closer, more active look and engage themselves with pay equity more. And it will also give people more of a chance to say ‘I don’t think my pay is fair,’ and engage on that issue,” says attorney David Rapuano.
Tess MacGibbon | September 13, 2022
Showing recognition and appreciation doesn’t have to be difficult or elaborate.
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