DOL to Hold Two Fiduciary Seminars

These seminars are being presented by the DOL’s Employee Benefits Security Administration (EBSA) as part of its “Getting It Right: Know Your Fiduciary Responsibilities” program. They are designed to assist small businesses in making sure their retirement plans are in compliance with the relevant regulations, as well as to increase awareness about basic fiduciary responsibilities.

One seminar will be held in Fairfax, Virginia, August 6. The other will be held in San Diego, California, July 23.

The seminars will cover:

•Fiduciary responsibility;

•Reporting and disclosure;

•Common mistakes and Internal Revenue Service (IRS) correction programs; and

•DOL Voluntary Correction Program.