For decades, both the federal and state governments have been working to tackle the coverage gaps in our retirement system. In the race for retirement readiness, dark horses like state plans with mandatory adoption...more
5/17/2024
/ Compensation & Benefits ,
Department of Labor (DOL) ,
Employee Benefits ,
Employees ,
Employer Liability Issues ,
Individual Retirement Account (IRA) ,
Proposed Regulation ,
Retirement ,
Retirement Plan ,
Safe Harbors ,
SECURE Act
Nearly five years after proposing a failed rule that would have dramatically expanded the definition of fiduciary under the Employee Retirement Income Security Act of 1974 (ERISA), the Department of Labor has decided to try...more
6/22/2015
/ 401k ,
Best Interest Contract Exemptions ,
Broker-Dealer ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Excise Tax ,
Fiduciary Duty ,
Health Savings Accounts ,
Individual Retirement Account (IRA) ,
Insurance Industry ,
IRS ,
Private Right of Action ,
Retirement ,
Retirement Plan ,
Section 404 ,
Wage and Hour
On July 1, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final rules excluding qualifying longevity annuity contracts (QLACs) from the required minimum distribution rules (RMD...more