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 ...

Modern Healthcare: Cigna To Pull Back Medicare Advantage Plans In 8 States ... reported in October 2023 that the nonprofit system had quietly stopped filing new lawsuits against patients but that the ...

America’s retirement accounts are a $12 trillion pie. Private equity wants its slice.

The investment bank was accused of mismanaging forfeited funds in its 401(k) plan by using them toward reducing employer ...

Even though much of the financial world is now digitized, rolling over your 401(k) still often involves a more complicated process that can’t be done online. Many plans require you to transfer ...