-
Federal Express is the latest large company to purchase an annuity for its current retirees in an effort to keep the plan solvent.
May 25
-
Federal Express is the latest large company to purchase an annuity for its current retirees in an effort to keep the plan solvent.
May 24 -
MEP insolvencies will not harm the participants of the plans in question but the U.S. economy in general.
May 23
-
The new tax law has extended the grace period for outstanding 401(k) loans made by workers who switch jobs, luring more participants to borrow from their accounts, exposing them to greater risk.
February 21
-
Pension funds for more than 1.5 million union workers is said to be on the brink of failure.
February 8
-
Lawmakers in Illinois are so desperate to shore up the state’s massively underfunded retirement system that they’re willing to entertain an eye-popping wager.
January 29
-
In order to avoid an audit, pension planners should conduct periodic audits for hard-to-find former employees.
December 21
Verrill Dana LLP
