Compliance Update
Compliance Update
Summaries of the latest news from Washington and the courts—what’s coming, what’s contemplated and what’s critical for plan sponsors to know.
Reported by
PLANSPONSOR Staff
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IRS Proposes Simpler Process for Retirement Rollovers
New guidance would encourage electronic transfers and standardized forms for moving retirement savings between plans.
The DOL Expects ‘Meaningful Benchmarks,’ but Private Markets Make That Complicated
Private market investments often include no agreed-upon yardstick for benchmarking performance or determining whether fiduciaries made the right comparison.
IRS Proposes Rules for Employer Contributions to Trump Accounts
Treasury plan would allow up to $2,500 in tax-free employer contributions while setting nondiscrimination, reporting and salary-reduction requirements for workplace...
