Compliance | November 24th, 2025 Treasury Intends to Exclude Undocumented Immigrants From Saver’s Match The department stated that non-citizens will be ineligible for the tax credits scheduled to go into effect in 2027.
Compliance | September 15th, 2025 Treasury, IRS Issue Final Regulations on Roth Catch-up Contributions The statutory deadline has not been extended, but the rules will only be applied in 'good faith' in 2026.
Administration | August 29th, 2025 Retirement Savings Proposal Could Provide Six-Figure Nest Eggs for Lowest Earners The Retirement Savings for Americans Act could help some save $126,000 over a 40-year career, according to RAND.
Compliance | February 6th, 2025 Judge Limits Treasury Secretary From Widely Distributing Data to DOGE The order limits access to Department of the Treasury data to two individuals working with Elon Musk’s DOGE and excludes...
Compliance | February 4th, 2025 Retiree Advocacy Group, Public Employee Unions Sue Treasury due to ‘Illegal DOGE Data Access’ The Alliance for Retired Americans and two union groups accused Secretary of the Treasury Scott Bessent of violating the privacy...
Compliance | January 17th, 2025 ERIC Files Lawsuit to Invalidate Final Rules on Mental Health Parity The ERISA Industry Committee is challenging the Departments of Labor, Health and Human Services and Treasury, arguing the final rule...
Administration | November 20th, 2024 Treasury, IRS Advised for Simplicity, Public Push on Saver’s Match Recordkeepers, industry organizations and academics weighed in on how to best get plan sponsors to implement a federal matching program...
Benefits | October 29th, 2024 Biden Administration Stresses SECURE 2.0 and Financial Inclusion Treasury Department report includes a strong focus on implementing programs like the Saver’s Match.
Compliance | September 5th, 2024 IRS and Treasury Request Comments on Saver’s Match Contributions The regulators are seeking input by November 4 on the federal program scheduled to begin in 2027.
Compliance | July 10th, 2024 Employer Forfeited Funds Complaint Against HP Inc. 401(k) Plan Is Dismissed A federal judge ruled the suit’s ‘theory of liability’ was too broad and dismissed the complaint, which focused on the...
Administration | February 16th, 2024 Lawsuit Targets Fiduciaries of Hess Corp. A lawsuit against the Hess Corp. alleges Hess plan fiduciaries included target-date mutual funds instead of collective investment trusts in...
Benefits | December 29th, 2023 EBSA’s Lisa Gomez Talks DOL 2024 Agenda The Department of Labor keeps working to implement provisions of 2022’s SECURE 2.0 Act alongside further rules for retirement and...