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The Department of Labor is cracking down on employers who fail to deposit workers’ retirement or health plan contributions and using the money for their own purposes.
The Contributory Plans Criminal Project is DOL’s first national project aimed at eliminating fraud from employee benefit plans governed by the Employee Retirement Income Security Act.
Lee Barney has been the editor of Money Management Executive since 2002 and has been writing about Wall Street since 1993. Previously, at United Medias Wall Street & Technology magazine and … Read full bio
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The goal is to strike a thoughtful balance that supports employees during important life events while maintaining productivity, managing costs and ensuring equitable access.
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Transamerica Institute finds more middle-class workers expect to fund retirement through 401(k)s and other savings, but financial pressures could derail those plans.
A pensions specialist explains why fiduciary responsibility extends beyond investment oversight and how proper safeguards serve as a critical layer of protection.
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