Treasury Launches Financial Inclusion Plan, Stresses SECURE 2.0 Provisions
The department’s report includes a strong focus on implementing programs like the Saver’s Match.
Tag: Department of Labor (DOL)
DOL Publishes 1st List of Firms Using Qualified Plan Exemptions
The list includes nearly 900 companies as part of the DOL’s finalized amendment to PTE 84-14.
6 Steps to Help Participants Safeguard DC Assets
McKinsey cybersecurity experts give tactics to protect against scammers.
DOL Issues Updated Cybersecurity Guidance
A new compliance release issued by EBSA clarifies that cybersecurity guidance applies to all employee retirement benefit plans and health...
DOL Recommends Reopening Retirees’ Lawsuit Against IBM
The Department of Labor has backed an appeal by IBM retirees to reopen a lawsuit alleging the company used outdated...
Missouri Court Strikes Down Anti-ESG Rules
A district court judge put a permanent injunction on rules that required advisers to disclose any time they made decisions...
A Compliant Process for Plan-to-IRA Rollovers
Fred Reish and Joan Neri detail how RIAs can comply with current rules while the new DOL fiduciary rule remains...
DOL to Launch Revamped Federal Benefits Website
The department is ‘centralizing’ government benefits such as Social Security and disaster relief at USA.gov.
Senate Committee Passes Bill That Would Boost EBSA Funding
The bill differs from a recent House Appropriations Committee proposed budget that would cut funding for the Employee Benefits Security...
Second US District Court Issues Stay of Retirement Security Rule
The Northern District of Texas quickly followed the Eastern by staying the Department of Labor’s fiduciary rule ahead of its...
Judge Stays DOL’s Retirement Security Rule
The preliminary injunction issued in a Texas district court comes with the fiduciary rule scheduled to take effect September 23.
5th Circuit Appeals Court Sends DOL ESG Case Back to Texas Court
A challenge to the 2022 Department of Labor ESG rule on 401(k) plan investing returns to a Texas district court...
DOL Announces Online Filing for Abandoned 401(k) Plans
The online system launches shortly after the DOL amended a rule to include Chapter 7 bankruptcies.
Why Chevron Reversal May Make Retirement’s ‘Most Cautious’ Players More Risk-Averse
ERISA experts also suggest that longer-term court rulings could lessen regulatory flip-flopping.
DOL’s ESG Rule Challengers Cite Chevron Reversal
Challengers of the rule that allows environmental, social and governance factors to be considered in investment decisions cited the overturning...
The DOL, the IRS and the Chevron Reversal
The Supreme Court’s Chevron reversal creates uncertainty for plan advisers and sponsors.
FSI, SIFMA Join Insurance Industry Lawsuit Against Retirement Security Rule
Brokers and asset managers have also opposed the rule, alongside the life insurance industry.
Congress Urges Treasury to Share Unclaimed Bond Data with States
There are about $30 billion in unclaimed savings bond assets that could be distributed to Americans.
DOL Backs Unenforceability of Class Action Waivers
The regulator filed an amicus brief with the 6th Circuit in May arguing that class action waivers in plan agreements...
Chamber of Commerce, ERIC Plead for Fewer Retirement Plan Disclosures
The interest groups agree that most participants do not read nor understand many disclosures related to their retirement benefits.