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Under30CEO on MSNJPMorgan Chase faces lawsuit over forfeited 401(k) assetsJPMorgan Chase is facing a class-action lawsuit over its use of forfeited 401(k) assets. The lead plaintiff alleges that the firm breached its fiduciary duty under the Employee Retirement Income ...
The cases have caught plan fiduciaries off guard, as they’ve been doing what they’ve been explicitly allowed to do by the Treasury Department and IRS for years, said Daniel Aronowitz ...
11d
Under30CEO on MSNJPMorgan Chase faces lawsuit over 401(k) assetsJPMorgan Chase is being sued over its use of forfeited 401(k) assets. These assets are employer contributions that workers lose when they leave the company before being fully vested. The lead ...
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