2024 ERISA Plan Compliance Calendar
A schedule to help plan sponsors track important due dates for their plans.
Tag: Department of Labor (DOL)
DOL Reminds Plan Sponsors, Participants to Search for Missed Retirement Assets
The Employee Benefits Security Administration released a video to remind plan sponsors about the importance of participants completing the Social...
New DOL Proxy Voting Rules Take Effect Friday
The new rules will require managers to obtain consent for their investment policy.
EBSA Faces Budgeting Constraints as Responsibilities Increase
The agency increasingly relies on supplemental funds, despite taking on more responsibilities, such as overseeing SECURE 2.0, according to the...
Navigating ESG: Surveying the Landscape
Knowledge about ESG, integration and greenwashing remains low, according to experts at a PLANSPONSOR event.
EBSA Head Lisa Gomez Talks Broadening Access to Retirement Benefits
The assistant Secretary of Labor for the Employee Benefits Security Administration spoke to PLANSPONSOR about ‘Schoolhouse Rock,’ disparities in retirement...
Lack of Policies to Support Working Caregivers Continues to Set US Economy Back
The U.S. has an opportunity to create more than $775 billion in additional economic activity per year by investing in...
Trade Groups Say 60-Day Comment Period Is Not Enough for the Fiduciary Rule
Industry associations write to the DOL arguing that the new proposal is too long and complicated for just a 60-day...
DOL Would Oversee Annuity Sales, Rollovers Under New Proposal
The rule is open for public comment, with legal challenges expected almost immediately.
Rollovers, Investment Menu, Annuity Advice Standards to Be Overhauled in DOL Proposal
The DOL proposal would, under ERISA, assert jurisdiction over annuity sales and IRA rollovers.
26 State AGs Will Appeal ESG Rule Lawsuit Dismissal
After their initial challenge to the DOL’s ESG rule was dismissed, the states are appealing to the 5th Circuit Court...
New House Speaker Mostly Unknown to Retirement Industry
Industry advocates have very little to say about Mike Johnson, good or bad, but another budget showdown could reveal his...
Acting Secretary of Labor Su Clarifies Aim of New Fiduciary Proposal
The proposal seeks to broaden the definition of fiduciary adviser under ERISA, though the precise wording is not yet available.
Complaints Filed Against 5 Companies to Collect Money Owed to 2 Teamsters Pension Trust Funds
Lawyers for the plaintiff, a third-party administrator, alleged identical claims against each defendant.
Citi Gets DOL Approval for Diverse Manager Plan Fee Payments
The bank’s attorneys tout a positive response from the DOL on the program designed to promote diverse asset managers in...
ESOP Creation Deterred by Lack of Valuation Rules, Report Says
A report from Matrix Global Advisors found that ESOPs need clear rules on valuation, which SECURE 2.0 requires the DOL...
Products |
Guideline Launches Starter 401(k) Plan
The plan provider aims to gain greater market share of retirement 401(k) plans and has debuted a starter product for...
Provider Due Diligence: Key to Avoiding Catastrophic Cyberattacks
The recent MOVEit breach highlighted the need for plan sponsors to carefully vet service providers in order to protect participants’...
Be Prepared: When a Cybersecurity Issue Occurs, Plan Sponsors Can Spring Into Action
Those with experience say ‘clear, concise communications’ and coordination with partners are vital in crafting an effective response.
Benefits |
Social Security Administration Cannot Calculate 2024 COLA if Government Shuts Down
The Bureau of Labor Statistics, which would shut down completely, produces the data necessary to update the COLA.