News & Analysis as of

Department of Labor (DOL) Target Date Funds

Morgan Lewis

Target Date Funds: Facing Increasing Congressional, Regulatory, and Legal Scrutiny

Morgan Lewis on

In recent years, target retirement date funds (TDFs) have become a very popular investment option on participant-directed defined contribution plan investment lineups. But, as discussed in this LawFlash, as TDFs have grown in...more

Verrill

Target Date Funds: Are You Asking the Right Questions?

Verrill on

Eight years ago, the U.S. Department of Labor (“DOL”) issued “tips” for retirement plan fiduciaries to consider when selecting and monitoring target date retirement funds (“TDFs”). At the time, the DOL noted that TDFs were...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

ESG reminds me of Target Date funds, for a reason

Environmental, Social, and Corporate Governance (ESG) funds are a hot potato item as the Department of Labor (DOL) is giving a pushback because their current belief is that returns on investment mean most....more

Morgan Lewis

IRS and DOL Issue Guidance on Including Deferred Annuities in Target Date Funds

Morgan Lewis on

Guidance addresses nondiscrimination, qualified default investment alternative, and annuity safe harbor rules. On October 24, the Internal Revenue Service (IRS) and the U.S. Department of Labor (DOL) each issued...more

Eversheds Sutherland (US) LLP

IRS and DOL Issue Favorable Guidance on Lifetime Income Provided Through Target Date Funds in Retirement Plans

On October 23 and 24, the Internal Revenue Service (IRS) and the Department of Labor (DOL) issued coordinated guidance on lifetime income provided through target date funds held by retirement plans. According to an...more

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