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department of labor
1083 posts
Bitcoin-Focused ‘Financial Freedom Act’ Gets House Companion Bill
Congressman Byron Donalds (R-FL) introduces identical legislation to Tommy Tuberville’s Senate bill aimed at prohibiting Biden’s DOL from banning cryptocurrency investment in 401ks
This Group of Savers Opposes Fiduciary-Only Regulations
New ACLI survey finds vast majority of lower-half income 55- to 70-year-olds don’t want commissions for annuity sales to be banned
Hawaii Approves State-Run IRA, but Minus Auto-Enrollment
Curious decision means enrollment in the new program will be voluntary
Republican Bill Promotes ‘Financial Freedom’ (Bitcoin) in 401(k)s
'America was built on the idea that we each chart our own destiny'
The Dramatic Rise in Excessive 401k Fee Litigation—And Who’s Fighting It
After an unsatisfying Supreme Court decision for retirement plan fiduciaries in Hughes v. Northwestern, the U.S. Chamber of Commerce continues to fight the explosion of cases in a “cottage industry” with a unique strategy meant to get cases dismissed before they get to summary judgments or settlements. Here's an in-depth look at the issue
Sens. Warren, Smith Question Fidelity Bitcoin-in-401k Plan
Elizabeth Warren (D-MA) and Tina Smith (D-MN) send letter to Fidelity CEO demanding answers about the recently announced plan, particularly in light of DOL’s March cryptocurrency warning
Key 401(k) Portability Finding in EBRI’s Retirement Confidence Survey
'Understanding what 401k participants need and what they want is vital to effecting change'
Younger 401(k) Participants Really Like TDFs, New Study Finds
Joint ICI and EBRI research shows recently hired 401k participants more likely to invest in target date funds
DOL Remains Focused on Three Critical 401(k) Areas: Preston Rutledge
'It demonstrates how high a priority it is for the administration'
DOL ‘Gravely Concerned’ About Fidelity 401(k) Bitcoin Announcement
EBSA staff will speak with Fidelity about the department’s apprehensions