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Retirement
from24/7 Wall St.
6 days ago

The 401(k) Beneficiary Mistake That Sent $620,000 to an Ex-Spouse Instead of the Children

ERISA preempts state divorce rules for 401(k) administration, so benefits go to the beneficiary named on the plan form regardless of divorce decrees or wills.
#401k
Retirement
from24/7 Wall St.
1 week ago

The 401(k) Vesting Mistake That Cost a Pre-Retiree $74,000 in Forfeited Match

Employer 401(k) match can be forfeited under ERISA vesting rules when leaving before vesting completion, making timing decisions costly through lost compounding.
Law
from24/7 Wall St.
1 month ago

What Corporate Lawyers Know About 401(k)s That Most Investors Don't

Understanding your 401(k) fee disclosure is crucial for managing retirement assets effectively.
more#401k
Business
fromBusiness Insider
3 months ago

5 ex-Dell employees are suing the company, alleging mismanagement of its retirement plan and saying it cost workers $318 million

Five former Dell employees sued, claiming Dell mismanaged its 401(k) plan and caused over $318 million in participant losses by retaining underperforming funds.
fromAbove the Law
5 months ago

An Inside Look At The Law Firm's Law Firm - Above the Law

In this episode of the Jabot podcast, I chat with Sandra Cohen, co-managing partner at Cohen & Buckmann. Sandra shares her journey from HR to law, specializing in executive compensation and employee benefits. Discover the challenges and rewards of running a boutique law firm and gain insights into the niche legal field of ERISA. It's a must-listen for those curious about dynamic law careers and the evolving landscape of boutique legal practices!
Law
Law
fromAbove the Law
8 months ago

Biglaw Firm Accused Of Raiding Employee Retirement Funds - Above the Law

Husch Blackwell faces a proposed class action alleging it withheld employee 401(k) contributions and used them for firm operating expenses, violating ERISA.
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