ICYMI - Monday, Mar 16, 2020

Recent News you May Have Missed

Potent ‘Mien’: Prudent Process Proves Potent in Fiduciary Breach Suit
Once again, a prudent process has won the day in court for retirement plan fiduciaries.

Insulate Action: How can I protect my 401(k) from a coronavirus-driven market downturn?
How can investors protect their 401(k) and other retirement savings from being depleted when they’re watching the stock market drop?

CalSavers ‘Save’: Federal Judge Rebuffs ERISA Preemption Challenge—Again
California’s auto-IRA program for private sector workers (CalSavers) has prevailed against claims that it runs afoul of ERISA’s preemption.

“Do” Points: 10 things you can do right now — instead of losing your head about the Dow or coronavirus
Worried about COVID-19 and the market turmoil? Take these actions to improve your emotional, physical and financial health

Pay Back: How The Government Will Pay You Back For Retirement Savings
Despite this kick starter of a savings program, few workers know about it and use it. Fewer than four in 10 employees employ it to boost their savings.

PSCA In the News​

• Providers offer workarounds for HSA restrictions
• Firms strive to bulk up options for investment
• Millennials’ Passions Haven’t Affected How They Invest
• Bill aims to give beneficiaries of lump-sum buyouts more info
• Here's how to maximize traditional and Roth retirement savingsc
• GAO Calls for Stronger Oversight of Executive Retirement Plans Senator Sanders Introduces Legislation in Response