May 2021

Sometimes simple decisions have complicated implications. When BU officials suspended the University’s contributions to the BU’s retirement plan on July 1, 2020, citing the financial impact of the coronavirus pandemic, it seemed simple. It was not, as officials are now learning. (University officials say the one-year suspension saved BU $Read More →

On May 11, the New York City Council enacted local law to establish a retirement savings program for certain employees of private companies. What are the details? The new law creates a mandatory, self-enrolling individual retirement account (IRA) program for private sector employers in New York City who do notRead More →