401(k)s receive unlimited federal creditor protection under ERISA with no ceiling, while IRAs face a ~$1.7 million federal bankruptcy cap and weaker state-level protections outside bankruptcy, ...
As discussed in our prior alert on President Trump’s Executive Order, Democratizing Access to Alternative Assets for 401(k) Investors, the President directed the Department of Labor (“DOL”) to clarify ...
Retirement plan sponsors facing a wave of litigation over their use of forfeited 401(k) funds just received a powerful ally: the Department of Labor. Processing Content In a Jan. 8 court filing, the ...