Browsing Tag
Department of Labor (DOL)
513 posts
The U.S. Department of Labor (DOL) is a cabinet-level federal agency that focuses on the welfare of American workers. It’s responsible for enforcing labor laws, promoting safe working conditions, and ensuring fair employment practices. The DOL also oversees programs related to unemployment benefits, job training, and workplace safety.
Voya Includes Private Equity Investment Option in NQDC Offering
The Pomona Investment Fund has been added to Voya’s product line and will be managed by Pomona Capital
Auto-Portability Receives Bipartisan Backing with House Bill
The new bicameral support increases the chances of auto-portability language being included in upcoming SECURE 2.0 legislation
Crypto in 401(k)s Happening Right Now
Fidelity Investments and ForUsAll confirm their programs allowing 401k participants to invest in cryptocurrency are now active
Goodbye—With Gratitude
Look for the same great stories and join me in wishing my colleagues all the best
How Well Are 401(k) Advisors Adhering to PTE 2020-02?
Activity was equally split between unsolicited and recommended rollovers
Final ESG Rule Now Under White House Review
Guidance relaxing Trump-era restrictions on considering environmental, social and governance factors when making decisions about retirement plan investments could come before end of 2022
Republican Bitcoin 401(k) Bill Faces Big Hurdles
The Retirement Savings Modernization Act seeking to allow alternative asset classes in defined contribution plans must overcome skeptical Democrats and the Department of Labor
Top ESG Considerations for Plan Advisors: Groom Law Group
It will be essential for advisors to continue monitoring these developments
Senate Finally Confirms Lisa Gomez as EBSA Head
The White House first announced in July 2020 that President Biden chose Gomez for the post
Business Owners Owe $2M+ in DOL Fiduciary Breach Case
Department of Labor investigation, litigation result in settlement after Interarch Inc. 401k fiduciaries severely mismanaged plan assets