Tag: 401k

Broken Piggy Bank

401(k) Cyber Fraud Is Growing. Everyone Could Be Liable

Hacking attacks on 401(k) plans and retirement savings accounts are growing and court rulings could have a far-reaching impact on who is liable.

Estée Lauder Headquarters

Suit against Estée Lauder spotlights 401k Distribution Fraud

A former Estée Lauder employee is suing the company after $99,000 in retirement savings disappeared from her account. Experts say the case raises troubling questions about the security of $5.7 trillion stored in 401k retirement plans.