The lawmakers’ letter comes in response to President Trump’s Aug. 7 Executive Order directing the Labor Secretary to consult with the SEC and Treasury Department to determine what overlapping ...
The Pension Benefit Guaranty Corporation on Sept. 23 issued a final rule amending its regulation on allocation of assets in single-employer plans. It prescribes the spreads component of the interest ...
When can lifetime income investment options be considered QDIAs? The DOL offers some insight in Advisory Opinion 2025-04A, which it issued on Sept. 23.
Stakeholders in the retirement plan industry have been working on compliance processes to implement mandatory Roth catch-up contributions. Now, the much-anticipated final regulations have been ...
The landscape of investments is evolving, and financial professionals face the challenge of integrating emerging assets like ...
Cash balance plans have emerged as a solution to many challenges plans face — and they have grown explosively, according to ...
Terminating plans may transfer unclaimed funds after a waiting period of 90 days. Ongoing plans must wait at least 12 months after an amount becomes payable, and the obligation can't exceed $5,000. In ...
As the federal government barrels toward a shutdown at the end of the month, congressional leaders and the President are scrambling to strike a deal that will keep agencies like the Employee Benefits ...
The U.S. Senate on Sept. 18 approved the nomination of Daniel Aronowitz to serve as Assistant Secretary of Labor, overseeing the Employee Benefits Security Administration (EBSA), after waiting for ...
The House Education and Workforce Committee on Sept. 17 approved a package of bills that include provisions that would make the investigative and enforcement efforts of the Department of Labor’s ...
Professional mobility is ubiquitous, and the younger a member of the workforce is, the more likely it is. That may result in an interesting, varied career, but is that movement compatible with ...
A suit challenging the prudence of AT&T’s decision to transfer its pension obligations to a third party says all 11 claims should be dismissed, says a federal judge. A suit challenging the prudence of ...