DOL Releases Final Rule on ‘Association Retirement Plans’
The rule will permit employers to connect with associations of employers in a city, county, state, or a multi-state metropolitan...
Tag: DOL
Trump to Nominate Son of Late Antonin Scalia as Labor Secretary
The son of late Assistant Supreme Court Justice Antonin Scalia failed to get confirmation from the Senate for the position...
DOL Secretary Announces Resignation
The editor-in-chief of the Washington Free Beacon says Democrats may end up regretting their calls for Acosta's resignation since his...
Self-Correcting the Inevitable Mistakes
Even the most informed and dedicated retirement plan fiduciaries sometimes miss the target. The good news is, many mistakes can...
Democratic Leaders Call for GAO Review of Fiduciary Landscape
According to Democratic leaders in Congress, the Department of Labor appears to be doing little, if anything, to inform consumers...
DOL Asked to Make Electronic Delivery of Retirement Plan Disclosures the Default
Eight organizations associated with defined contribution (DC) plans submitted a letter to the Employee Benefits Security Administration of the Department...
DOL Anticipates Proposing Another Fiduciary Rule This Year
The item on the Department of Labor’s (DOL)’s regulatory agenda has moved from a final rule expected in September to...
Benefits |
DOL Issues FAQs About Association Health Plans
The FAQs explain the Department of Labor’s (DOL)’s enforcement policy and ongoing administration of association health plans (AHPs) following a...
DOL Says Members of AHPs Can Keep Coverage for Now
After a federal district court overturned final regulations on association health plans (AHPs) from the Department of Labor (DOL), the...
Opinions |
Barry’s Pickings: DOL’s Fiduciary Theory: Fundamentally Incoherent
Michael Barry, president of O3 Plan Advisory Services LLC, discusses the inconsistencies in the Department of Labor’s (DOL)’s theory of...
Form 5500 Basics: What Sponsors Need to Know
The purpose of Form 5500 is to obtain information regarding plan design and basic plan sponsor information, and the regulatory...
DOL Secretary Says Fiduciary Collaboration with SEC Is Ongoing
However, when pressed by a Democratic lawmaker from Ohio, DOL Secretary Alexander Acosta was not able to provide specific details...
DOL Fiduciary Responsibilities Seminar Coming to Detroit and Delaware
They are designed to increase plan sponsors’ and advisers’ awareness and understanding about basic fiduciary responsibilities when operating a retirement...
DOL Offers Relief for Plan Sponsors Due to Severe Storms
The relief on ERISA compliance applies to plan sponsors in Nebraska, Iowa and Alabama identified now or in the future...
Court Says DOL Overstepped Boundary with AHP Regulations
A district court has determined that the Department of Labor’s 2018 final regulations on association health plans are unlawful.
Investment Adviser Sentenced for Defrauding Pension Plan
The Department of Labor found the investment adviser made 63 fraudulent requests to Transamerica for lump sum benefit checks for...
DOL’s Next Fiduciary Responsibilities Seminar Heading to Portland
In addition, the agency is holding a three-day webcast series in March.
DOL Announces Fiduciary Responsibilities Seminar in San Diego
In addition, the agency has announced a “Getting It Right – Know Your Fiduciary Responsibilities” three-day webcast series.
DOL Invites Correction for Failure to Timely Remit Contributions
An update from law firm Masuda, Funai, Eifert & Mitchell, Ltd. says that based on reviews of Form 5500s, the...
Failure to Remit Contributions Cost Retirement Plan Fiduciaries Over $500,000
In addition, a federal district court has ordered the trustee of the plans not to serve in a fiduciary capacity...