Compliance | June 2nd, 2025 DOL Launches Multi-Agency Opinion Letter Program to Boost Compliance Assistance The initiative aims to provide clearer, more accessible guidance on federal labor laws across five agencies, including the Employee Benefits...
Compliance | May 29th, 2025 DOL to Craft New ESG Retirement Investing Rule The decision marks the second reversal of a Biden-era rule from the department this week.
Compliance | May 29th, 2025 Senate Committee Schedules EBSA Head Nomination Hearing for June 5 Daniel Aronowitz was nominated in February to serve as assistant secretary of labor for the Employee Benefits Security Administration.
Compliance | May 28th, 2025 DOL Resets Stance to ‘Neutral’ on Crypto Options in 401(k) Plans The new guidance rescinds the previous administration’s 2022 compliance direction to plan sponsors, urging them to exercise ‘extreme care.’
Compliance | May 28th, 2025 DOL, HHS, Treasury Continue Push for More Health Care Pricing Transparency The departments sought information and released updated guidance aimed at creating nationwide cost consistency for medical services and prescription drugs.
Administration | May 5th, 2025 Trump Budget Proposal Would Slash DOL Funding by 26% The proposed cuts include eliminating workforce training by roughly one-third and removing both Job Corps and the Senior Community Service...
Compliance | April 23rd, 2025 DOL to Consider Rescinding Biden-Era ESG Rule Although the rule survived several court challenges during the previous administration, it is in jeopardy once again.
Compliance | April 9th, 2025 Historically Reluctant to Share Taxpayer Data, IRS Will Cooperate With ICE The IRS agreed to share taxpayer data with immigration authorities, a marked contrast to its 2023 approach to EBSA’s lost-and-found...
Administration | April 8th, 2025 More Fiduciary Basics How can plan sponsors avoid prohibited actions, mitigate fiduciary exposures and correct errors?
Compliance | April 7th, 2025 DOL Offers Guidance on Annual Funding Notice Requirements The regulator addressed confusion resulting from ERISA-related questions that arose after passage of the SECURE 2.0 Act of 2022.
Compliance | April 4th, 2025 Former Acting Labor Secretary Su Outlines ‘Risks’ to DOL Under Trump In a commentary this week, Julie Su opined about “nightmares that could become the norm in a country without a...
Ask the Experts | April 1st, 2025 Can Plan Sponsors Self-Correct Late Elective Deferral Remittances? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Opinions | March 27th, 2025 DOL Cybersecurity Guidance and Health and Welfare Plan Gaps All benefit plans must follow the U.S. Department of Labor’s cybersecurity guidance, not only retirement plans, writes a partner at...
Compliance | March 21st, 2025 Voluntary Fiduciary Correction Program Improvements Take Effect The Employee Benefits Security Administration’s updated self-correction tool launched this week.
Compliance | March 7th, 2025 Terminated EBSA Probationary Employees Reinstated The probationary employees and head of the Department of Labor’s Division of Employee Ownership, who were recently terminated, reportedly received...
Compliance | February 28th, 2025 ERISA Advisory Council Currently ‘On Ice’ Federal advisory committees have become targets in President Donald Trump’s efforts to downsize the federal government.
Compliance | February 19th, 2025 Chavez-DeRemer Shows Support for Union Pension Assistance Law in Confirmation Hearing President Donald Trump’s nominee for secretary of labor expressed support for the Biden-era Butch Lewis Act, but also walked back...
Compliance | February 10th, 2025 Judge Blocks Unions’ Motion for Restraining Order Against DOL Several union groups and a think tank attempted to prevent the Department of Labor from allowing Elon Musk’s Department of...
Compliance | February 5th, 2025 Confirmation Hearing Date Announced for Secretary of Labor Nominee Chavez-DeRemer Meanwhile, government employee unions and labor groups filed a lawsuit seeking to block Elon Musk’s efficiency organization from accessing DOL...
Compliance | January 23rd, 2025 House Committee on Education and Workforce Re-Issues Request to Investigate EBSA ‘Power Abuse’ The committee is again asking the Department of Labor’s Office of Inspector General to look into allegations that the Employee...