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department of labor
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Pandemic Leads to Big Spike in Social Security Beneficiary Deaths
Nearly 400,000 more Social Security beneficiaries died in 2020 than in 2019 according to newly released information, highlighting…
Biden Fires Social Security Commissioner Saul
Biden fires Social Security chief after refusal to resign, naming Kilolo Kijakazi as acting commissioner amid policy shifts.
ESG Matters Listed Among SEC’s 2021 Exam Priorities
SEC 2021 Examination Priorities highlight Reg BI, Form CRS, COVID-19 impacts, and ESG focus for firms and financial advisors.
Biden Rumored to Pick Gary Gensler as SEC Chairman
President-elect Joe Biden is expected to choose Gary Gensler, a former financial regulator, and Goldman Sachs executive, to…
DOL Issues Final Rule on Proxy Voting for Retirement Plans
The DOL announced a somewhat softened final rule on Friday that provides guidance on proxy vote procedures for…
DOL Lifetime Income Disclosure Regulation Explained
In 2019, the SECURE Act amended Section 105 of ERISA. That section requires participant benefit statements to be…
IRS Guidance on Qualified Distributions for Births, Adoptions
In 2020, most of the IRS guidance with respect to employee benefit plans has addressed issues arising under…
Rolling Stone Wrecks Recent DOL Retirement Plan Rules
It says a lot about how far Boomers have come that their proverbial bible, Rolling Stone, is focused…
Police Union Officials Accused of Retirement Plan Theft
It hurts more when done by those sworn to protect. Former state trooper Kenneth Wynder Jr., president of…
Dem Senators Oppose DOL’s ESG Investing Rule
Thirteen Democratic senators submitted a letter Wednesday to Labor Secretary Eugene Scalia in which they voiced opposition to…