Tag: EBSA

Many of the questions advisers and providers have asked about the Department of Labor fiduciary rule relate to the line drawn between fiduciary and non-fiduciary client communications.

The DOL has filed a lawsuit seeking $82,000 to restore retirement and health plan contributions, plus interest.

The U.S. Department of Labor is suing the fiduciaries of a Vermont employee stock ownership plan for violations of the Employee Retirement Income Security Act.

Two plan trustees are accused of breaching their fiduciary duties by failing to take action to recover funds owed to a money purchase plan, which was loaned in...

The DOL and EBSA announced a final rule to assist large cities and other political subdivisions establish payroll deduction IRAs for private-sector workers.

The National Association for Fixed Annuities has failed again to win an injunction in a DOL fiduciary rule challenge that was previously defeated in a federal district court...

A Chicago-based ophthalmologist was accused by the DOL of improperly diverting money from a DB plan’s investment accounts. 

Donald Trump has nominated an outspoken critic of federal government regulation as DOL secretary, placing more uncertainty on the future of the fiduciary rule, according to some observers. 

The fiduciaries did not follow terms of the plan document when paying out participants upon plan termination, a federal court found.

The “Changes to Note” section of the 2016 instructions highlight important modifications to the Form 5500 and Form 5500-SF and their schedules and instructions.

The DOL obtained a court order requiring the fiduciary of William Bowman and Associates Inc.401(k) plan to continue making installment payments for plan losses due to a fiduciary...

A defunct company and its 401(k) plan trustee have been ordered to restore contributions that weren't remitted to the plan as well as interest on contributions.

A complaint filed in a Pennsylvania district court by the DOL’s Employee Benefits Security Administration alleges a list of ERISA infractions related to fees, documents, disclosures and processes...

Organizations and individuals in the retirement plan community are invited to submit comments or request to address the ERISA Advisory Council.

The agency has announced three locations at which it will host its seminar.

The IRS, EBSA and the PBGC want to simplify and improve the process of creating and submitting the Form 5500 for employers. 

Following the firm’s open letter to Congress, it is working with key Senate and House members to submit a bill.

The recent judgement against AIT Laboratories adds nearly $3.5 million to previous collections, now totaling more than $7 million.