DOL Announces Extended Deadlines for Plans Impacted by Hurricanes Helene, Milton
In all impacted areas, relief ends on May 1, 2025.
Tag: Department of Labor (DOL)
Benefits |
Biden Administration Stresses SECURE 2.0 and Financial Inclusion
Treasury Department report includes a strong focus on implementing programs like the Saver’s Match.
Nearly 900 Firms Register with DOL Under Amended Prohibited Transaction Rule
The list, created under the DOL’s finalized amendment to PTE 84-14, is the first to self-identify managers of ERISA-covered assets.
ERISA Advisory Council to Meet Again on QDIA Topic
The virtual meeting will focus on lifetime income and the access to claims procedures.
ERISA Attorney Ian Lanoff Remembered as ‘Icon’ in Retirement Industry
Lanoff, who passed away on Sunday, played an important role in implementing ERISA and representing some of the nation’s largest...
Insider Threats: Are Disgruntled Employees a Cybersecurity Risk?
Limiting access, creating protocols aimed at keeping data safe can mitigate sabotage.
A Guide to Buying and Maintaining Cyberinsurance
Now more than ever, plan sponsors need to understand what types of coverage are available and what will fit them...
Plan Security Relies on Vetting 3rd-Party Providers
As 3rd-party subcontractors continue to experience data breaches, plan sponsors must ensure they are asking the right questions about their...
DOL Plans Appeal to Revive Retirement Security Rule
The Department of Labor issued notice that it will appeal two Texas federal court decisions halting its fiduciary rule regarding...
DOL Clarifies Scope of Cybersecurity Guidance
Updated cybersecurity guidance from EBSA extends to all employee retirement benefit plans and health and welfare plans.
DOL Supports Retirees’ Appeal to Revive Lawsuit Against IBM
The Department of Labor backed an appeal by IBM retirees to reopen a lawsuit against the firm for allegedly using...
GAO Finds Conflicts of Interest in Sale of Certain Retirement Investments
The interests of financial professionals and firms ‘often conflict with the interests of retirement investors,’ according to the watchdog’s report.
DOL to Launch Revamped Federal Benefits Website
The Department of Labor will move digital content to USA.gov in September to streamline information about federal benefits, including Social...
Senate Appropriations Committee Bill Increases EBSA Funding
Meanwhile, the House Appropriations Committee recently proposed a budget that contained sharp cuts to the Employee Benefits Security Administration’s funding.
Second Texas Federal Court Broadens Stay of DOL Retirement Security Rule
Decision in the American Council of Life Insurers’ case adds a stay on prohibited transaction rule.
Challenge to DOL’s ESG Rule Sent Back to Texas District Court
The Texas court will re-hear the challenge to the 2022 Department of Labor rule on 401(k) plan investing, now without...
Insurers Continue Effort for Retirement Security Rule Injunction
Nine insurance industry organizations and representatives have responded to the DOL’s rebuttal of the groups’ litigation against the rule as...
IRS Notice Defines Retirement Plan Tax Distribution Exceptions
The IRS has provided guidance on certain exceptions from the 10% tax penalty for emergency personal or family expenses and...
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...
California Business Conglomerate Cuts $1.25M Deal to End ESOP Lawsuit
A holding company has agreed to settle a lawsuit that alleged fiduciaries of its ESOP plan enriched themselves and shortchanged...