Lockheed Martin Corp. asked a federal judge to dismiss litigation over its in-house 401(k) service provider and funds, ...

Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, ...

Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, ...

A separate lawsuit also alleging misuse of plan forfeitures was filed against the health care company in May, as similar ...

Cigna is under legal fire for the second time in two months, accused of misusing over $17 million in 401(k) plan forfeitures.

Cigna Group mismanages its employees’ 401(k) plan by using the money forfeited by departing workers for its own benefit, ...

Her boyfriend, 32, views 401(k)s as a "scam," and his views are causing tension in their relationship. She’s been dating the “lovely young man” for about nine months, and during a casual chat about ...

This class-action suit is one of 50 filed in the past two years by employees challenging how employers use the “forfeited ...

This class action suit is one of 50 suits filed in the past two years by employees challenging how employers use the “forfeited funds” from departing employees who leave before they are vested in the ...

UnitedHealth Group improperly uses workers’ funds to reduce its own 401(k) contributions, according to a lawsuit against the nation’s largest health insurer that is seeking class-action status.

At least $1.7 trillion languishes in lost or forgotten 401(k) accounts, with an average unclaimed balance of $56,616. Those 29 million idle accounts represent one quarter of all assets held in ...