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.

While employers frequently believe vesting schedules support worker retention, “data does not support that,” according to a Penn State law professor, who is requesting that the IRS prioritize ...

On April 30, an Arizona federal judge dismissed a class action lawsuit accusing Knight-Swift Transportation Holdings of misusing forfeited assets in its 401 (k) retirement plan.

Lawsuits over fund fees could multiply if expensive private funds enter U.S. retirement accounts.