This week’s recommended reading offers a catch-up of some of the latest compliance stories. As the summer nears a close, it is time for everyone to catch up on what they may have missed as they start fall planning and plan benchmarking. This week, the Department of Labor (DOL) released proposed and final rules; and some new guidance and court cases or issues that may have seemed closed, gained new life. Enjoy this week’s PLANSPONSOR Weekend!
The DOL also released a proposal to help a limited number of cities and local governments automatically enroll employees into individual retirement accounts (IRAs). Read more >
In the presence of “a variety of mitigating circumstances,” taxpayers can now qualify for a waiver of the 60-day time limit generally placed on tax-free plan-to-plan or individual retirement account rollovers. Read more >
Participants filed the proposed class action lawsuit despite the fact that the firm has already been successful in defending practices related to ownership of float income. Read more >
The case has an extensive procedural history and is one among a handful of lawsuits winning reconsideration after the Supreme Court’s landmark 2014 decision in Fifth-Third Bancorp vs. Dudenhoeffer. Read more >
A new self-dealing ERISA suit accuses Edward Jones of favoring its mutual fund partners in the construction of its 401(k) plan investment menu.Read more >
Share the good news with a friend! Pass the NewsDash along—and tell your friends/associates they can sign up for their own copy. Read more >
