This retirement lifeguard has the funding to continue saving pension plans Reviewed by Marguerita Cheng The Pension Benefit ...

The US Department of Labor (DOL) has issued new guidance in the form of Field Assistance Bulletin No. 2025-02 (FAB 2025-02) ...

Rolling over savings in a 401(k) into a pension has both advantages and disadvantages which you must understand before ...

On April 3, 2025, the U.S. Department of Labor (the “DOL”) issued Field Assistance Bulletin 2025-02 (the “Bulletin”), clarifying the annual ...

For plans ended this year, PBGC maximum monthly benefit are $2,094 for 55-year-old workers and $4,653 for 65-year-olds. If you run into trouble collecting your pension from a former employer ...

In Field Assistance Bulletin 2025-02, the regulator addressed confusion resulting from ERISA-related questions that arose ...

The Pension Benefit Guaranty Corporation insures private-sector traditional pension plans and pays out benefits up to certain limits if the plan fails. The PBGC has a database of unclaimed ...

“Generally, when a pension is moved to the pension benefit guaranty corporation [PBGC], you lose any cash value and only have access to the government guaranteed monthly payout. This generally ...

According to The Heritage Foundation, the Pension Benefit Guaranty Corp. (PBGC), which is similar to the FDIC, found that for a promised benefit of $24,000 a year, they are insured only up to $12,870.

and a shift in the insurance protection from the federal Pension Benefit Guaranty Corporation (PBGC) to a state insurance agency. “Courts in this Circuit have ‘frequently upheld claims of standing ...