Retirement & Benefits

New research findings raise an important question for employers: Are your retirement plans truly supporting your employees, or are they costing them more than they should?

The projected increase is nearly identical to this year's rate of 10.1%, which represents the highest increase forecasted in 10 years.

The average employer-sponsored premium for U.S. families rose 7% this year—the same amount as last year, according to an annual KFF survey of 2,100 companies.

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.