Tag: Department of Labor (DOL)

Changes affect terminated multiemployer defined benefit plans; plans using a variable annuity benefit formula; and terminated single-employer PBGC-covered plans.

The federal government, via the solicitor general and the DOL, is increasingly favoring employers in ongoing ERISA litigation, including on...

The decision to withdraw from the court battle likely marks the end of the lengthy dispute over the retirement investment...

The industry awaits updates defining plan contribution limits for 2026, among others currently in limbo.

The Department of Labor announced in May that it would rescind a Biden-era rule in favor of the stance favored...

Dhillon was one of 108 nominees confirmed Tuesday night to fill a variety of Department of Labor and other federal...

The abandoned accounts now hold more than $2 trillion in assets, according to Capitalize.

Funding will run dry if Congress does not agree to a funding resolution before October 1.

The advisory opinion could lead to greater adoption of annuity products.

Two of the measures target the DOL’s audit process, and another addresses ESOP valuation risks.

The legislation attempts to move lost savings closer to workers who might be able to claim them by directing them...

The agency concluded that the firm’s deferred compensation program is not subject to ERISA.

An executive order last month gave the agency six months to provide its regulatory agenda.

The Department of Labor’s agenda includes new proposals and suggests that both the ESG and fiduciary rules will be replaced.

The proposed cuts reflect President Donald Trump’s previous budget recommendations and executive order urging federal agencies to work with less. 

The change will be effective September 30, according to a notice published in the Federal Register. 

The letter comes weeks after an executive order that encouraged the agency to provide regulatory guidance on offering 401(k) plan...

New guidance is unlikely to lead to a swift increase in adoption, but a safe harbor looks like the only...

The department asked for an extension lasting through October to consider its options in a federal case challenging the Biden-era...

As case law continues to see mixed results, U.S. District Judge Max Cogburn Jr. ruled the plaintiffs’ claims may continue,...