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Thursday, February 06, 2025
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SECURE 2.0 Auto-Enrollment Requirement Takes Effect in 2025
PAFebOSC3-SECURE 2.0-SECURE 3.0-Davide Comai-web
Beginning this year, businesses with 10 or more employees must implement automatic enrollment and contribution escalation for new 401(k) and 403(b) plans.
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Will Trump DOL Move Away From Biden Independent Contractor Classification Rule?
Oral arguments in Frisard’s Transportation LLC v. United States DOL were scheduled to begin early this month, but under the new administration, the Department of Labor secured a postponement.
Today’s Most Read
1. Georgia Bill Aims to Create State-Run Retirement Plan
2. Edward Jones Launches Private Client Services for High-Net-Worth Clients
3. TIAA Expands Annuity Availability to Its IRAs
Industry Groups File Amicus Brief Urging 11th Circuit to ‘Preserve Integrity of ERISA’
The brief is in support of Southern Co. Services, which is accused of using outdated assumptions when calculating retirees’ joint and survivor annuity benefits.
Department of Labor Secretary Nominee Gets Confirmation Hearing Date
While she has not been publicly outspoken about retirement policy, Chavez-DeRemer has been more active on the employer health plan side of the Employee Retirement Income Security Act, including co-sponsoring legislation addressing group health care cost transparency.
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