Compliance

Witnesses at two U.S. House committee hearings discussed provisions of the ACA that are causing problems for employers.

After years of waiting, the retirement plan industry will later today see a revised “consumer protection proposal” from the Department of Labor that some expect to redefine ERISA’s...

Despite enormous industry attention paid to the case, some attorneys say a pending Supreme Court decision in the Tibble vs. Edison retirement plan fee litigation may not be...

LandAmerica Financial Group will pay $5 million to settle claims it held company stock in its 401(k) plan when it was imprudent to do so.

A lawsuit filed by the EEOC accuses a school in Wisconsin of firing an employee after learning he was previously retired.

The Employee Benefits Security Administration announced locations, dates and registration information for a series of fiduciary responsibility seminars.

The state’s highest court has agreed to weigh in on whether New Jersey must make its promised payments.

The IRS encourages plan sponsors to include completed reference lists with determination letter applications.

If a U.S. retirement plan makes distributions to foreign persons, it must generally withhold 30% of the payment for federal income tax.

The DOL sued retirement plan fiduciaries in Connecticut for failing to forward contributions and loan repayments withheld from participants’ paychecks as required by ERISA.

New safe harbor correction methods related to automatic enrollment features in defined contribution plans are being implemented by the Internal Revenue Service.

If approved, a proposed settlement will end litigation from six challenges that arose from changes made to Rhode Islands’ public pension systems in the wake of the financial...

If retirement plan sponsors fail to complete all steps in the voluntary compliance process, they must reapply for the IRS program and pay a fee.

The PBGC says electronic filing of certain notices required by multiemployer plans would result in greater efficiencies for the government.

The IRS reminds retirement plan sponsors it is up to them to track loans and hardship withdrawals.

OMB approval for collection of information about service provider fees and conflicts of interest expires today.

The IRS is reducing voluntary compliance program fees for some plan failures.

The SEC received a letter saying fee disclosures would also benefit participants of non-ERISA retirement plans.

A federal appellate court found a plan administrator cannot change the calculation of early retirement benefits for participants who terminated under an old version of the plan document.

The PBGC is requesting that OMB extend approval of collections of information about certain reportable events until final rules can be published.