Pension Annuitization – De-Risking or Added Risk?
Defined benefit (DB) pension plans used to be the prevalent form of retirement benefit offered by American employers to their employees. […]
Author: Mark Debofsky
6th Circ. Ruling Highlights Complexity Of ERISA Preemption
If you murder someone to collect their life insurance, are you barred from receiving the proceeds? That would seem to be a simple question, but it isn’t if the Employee Retirement Income Security Act is in the picture. […]
Disability Insurance Benefits for Neurodegenerative Diseases: Claimant’s Guide
Neurodegenerative diseases, such as Alzheimer’s, Parkinson’s, and multiple sclerosis, can severely impact an individual’s ability to work. Neurodegenerative diseases make up a significant percentage of disability claims. […]
Texas Judges Ignored ERISA’s Core To Stall Fiduciary Rule
A New York Times article in May reported that in this year’s annual letter to investors, BlackRock Inc. Chair and CEO Larry Fink wrote that “the United States was facing a retirement crisis due in no small part to self-directed retirement financing.”[1] The New York Times article pointed to the shift from defined benefit to defined contribution retirement plans; i.e., 401(k) plans. […]