Tag: Department of Labor (DOL)

In its amicus brief, the Department of Labor said the retirement plan documents allowed for the use of forfeited contributions...

The Department of Labor will offer more legal briefs and ‘lead with compliance assistance,’ according to Deputy Secretary of Labor...

The Department of Labor pulled a 2023 amicus brief supporting Yale University employees that said their retirement plan had underperforming...

Multiple employer welfare arrangements can now catch up on overdue filings without paying hefty penalties to the Department of Labor.

New requirements impact discontinued multiemployer pension plans, variable annuity formula plans, and PBGC-covered single-employer plans that have been terminated. 

Lockheed Martin is likely to get the Department of Labor’s support in regards to the legality of a pension risk...

The ERISA Industry Committee and its coalition said that the IRS has consistently taken the position that forfeitures can be...

The Department of Labor has ended its defense of a 2024 fiduciary rule that would have brought retirement investment advice...

The Department of Labor’s proposed rule would have expanded the definition of a fiduciary for retirement investors, including rollovers from...

Three ex-brokers allege the Department of Labor unlawfully aided the firm by issuing an advisory opinion that undermined pending compensation...

Securities and Exchange Commissioner Paul Atkins was also reappointed to a five-year term from 2026 through 2031.

‘Forgotten’ 401(k) accounts now total $2.13 trillion, showing an increase of nearly 30% since mid-2023, according to Capitalize.

During the shutdown, more than 75% of the Department of Labor’s staff are furloughed, but critical requirements like Form 5500...

The agency says its regulation for qualified default investment alternatives is flexible enough to accommodate innovations in retirement products.

The newly confirmed Assistant Secretary of Labor and head of the Employee Benefits Security Administration has pledged to streamline retirement...

Two of the bills, which target the Department of Labor’s audit process, sparked heated debate, but the third bill, concerning...

The bill would have states report unclaimed retirement savings to a Department of Labor database, making it easier for individuals...

The Department of Labor decided that Morgan Stanley's deferred compensation program is a bonus, rather than a pension plan subject...

The agency has not been enforcing the 2024 rule and will consider a new one, using pre-2024 standards in the...

Last month, President Donald Trump's executive order gave the Department of Labor six months to provide its regulatory agenda.