DOL Files Third Amicus Brief in 401(k) Forfeiture Complaint
The department continues to voice its support for employers in appellate cases on the topic.
Tag: Department of Labor (DOL)
DOL’s Private Market Rule Expected to Focus On ‘Process’
As the comment period approaches for the Department of Labor’s long-awaited rule on defined contribution plan investments in alternative asset...
DOL De-Emphasizes ESOP Enforcement
The move aligns with EBSA Head Daniel Aronowitz’s pledge to ‘end the war’ on employee stock ownership plans.
DOL Submits Alternative Investments Rule to White House Department
The agency beat the 180-day deadline to provide guidance following an August 2025 executive order.
DOL Backs Lockheed in PRT Complaint
According to the Department of Labor, the plaintiffs lack standing, and it warns litigation could have negative effects on defined...
DOL Sides With JP Morgan in 401(k) Forfeiture Complaint
The department had previously supported employers in a similar legal case last July.
DOL Pledges to Push Back on ‘Regulation by Litigation’
Deputy Secretary Keith Sonderling also promised on Wednesday to deliver a new rule on the inclusion of private assets in...
DOL Pulls Amicus Brief That Supported Plaintiffs in Yale 403(b) Case
The Department of Labor has withdrawn a brief filed during the Biden administration backing allegations that Yale University’s employees paid...
DOL Expects to Release Guidance on Paper Statements, E-Disclosures
Retirement plan sponsors balance digital convenience with participant protections under SECURE 2.0.
Federal Agencies Release 2025 Benefits Plan Reporting Forms With Key Updates
Changes affect terminated multiemployer defined benefit plans; plans using a variable annuity benefit formula; and terminated single-employer PBGC-covered plans.
DOL Eyes Amicus Filing While States, Industry Back Lockheed Martin in PRT Case
The federal government, via the solicitor general and the DOL, is increasingly favoring employers in ongoing ERISA litigation, including on...
DOL Stops Defending Biden-Era Fiduciary Rule
The decision to withdraw from the court battle likely marks the end of the lengthy dispute over the retirement investment...
After 4 Weeks, How the Government Shutdown Is Affecting Retirement Plans
The industry awaits updates defining plan contribution limits for 2026, among others currently in limbo.
Cassidy Offers Support for Trump ESG Rule
The Department of Labor announced in May that it would rescind a Biden-era rule in favor of the stance favored...
Senate Confirms Janet Dhillon as PBGC Director
Dhillon was one of 108 nominees confirmed Tuesday night to fill a variety of Department of Labor and other federal...
Benefits |
‘Forgotten’ 401(k)s Have Doubled in Last Decade
The abandoned accounts now hold more than $2 trillion in assets, according to Capitalize.
What to Expect if the US Government Shuts Down
Funding will run dry if Congress does not agree to a funding resolution before October 1.
DOL Clears AllianceBernstein Lifetime Income Strategy for Use as QDIA
The advisory opinion could lead to greater adoption of annuity products.
House Committee Advances 3 Retirement Bills
Two of the measures target the DOL’s audit process, and another addresses ESOP valuation risks.
Proposed Bill Would Permit Transfer of Unclaimed Retirement Distributions to State Claim Programs
The legislation attempts to move lost savings closer to workers who might be able to claim them by directing them...