Law Firm Loots Employees’ 401(k) Plan

Law Firm Loots Employees’ 401(k) Plan

Kansas City, MOOn September 16, Tyler Paetkau, an attorney and former employee of Husch Blackwell LLP, filed a class action ERISA lawsuit in the Western District of Missouri. Paetkau v. Hutsch Blackwell,... Read more »

Executive Order Aims to Expand Access to Alternative Investments in 401(k) Plans

President Trump has issued an executive order aimed at expanding access to certain alternative assets, such as cryptocurrency and private equity, in 401(k) plans. The executive order directs the Department of Labor... Read more »
Whole Foods Settles ERISA 401k Fee Lawsuit for  Million

Whole Foods Settles ERISA 401k Fee Lawsuit for $2 Million

Austin, TXOn June 24, Whole Foods asked Judge Robert Pitman of the Western District of Texas, Austin Division, to approve a $2 million settlement to end Winkelman v. Whole Foods Market, Inc.... Read more »

DOL Rescinds 2022 Guidance on Cryptocurrency Investment Options in 401(k) Plans

The Department of Labor (DOL) has issued Compliance Assistance Release 2025-01, which rescinds its 2022 guidance cautioning 401(k) plan fiduciaries to use “extreme care” before adding cryptocurrencies as investment options for plan... Read more »
Crypto in Your 401k?

Crypto in Your 401k?

Washington, DC On March 6, Commerce Secretary Howard Lutnick confirmed that the current administration intends to establish a U.S. strategic bitcoin reserve. Bitcoin is the financial buzz-of-the-day. But the hype about cryptocurrencies and... Read more »
Splintered Decisions in ERISA 401k Forfeiture Lawsuits

Splintered Decisions in ERISA 401k Forfeiture Lawsuits

San Diego, CAOn September 24, the Southern District of California granted Thermo Fisher Scientific Inc.’s motion to dismiss Konstantina Dimou’s ERISA lawsuit. Dimou v. Thermo Fisher Scientific claims that forfeited contributions should have... Read more »
401(k) balances down, hardship withdrawals are up. But it’s not all dire.

401(k) balances down, hardship withdrawals are up. But it’s not all dire.

Comment on this storyComment Add to your saved stories Save It’s been a tale of two types of retirement savers this year. Many of those saving for retirement have been waiting patiently... Read more »
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