Browsing Tag
Department of Labor (DOL)
514 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.
Bloomberg Latest Candidate to Propose Public 401(k) Option
Bloomberg Social Security Plan boosts payouts and adds a public 401(k) to strengthen retirement security for American workers.
NAIC Approves Best Interest Model Regulation for Annuity Sales
The National Association of Insurance Commissioners (NAIC) gave final approval Feb. 13 to a revised model regulation that…
How Plan Sponsors Avoid SECURE Act Noncompliance ‘Traps’
The recently passed SECURE Act offers provisions that benefit employers sponsoring 401k plans and their employees, all with…
8 Key Provisions to Know in the SECURE Act
The SECURE Act includes almost 30 provisions intended to expand retirement savings, simplify plan administration and penalize failures to comply.
Paper or Electronic Statements? 401k Participants Can’t Decide
Back in October 2019, the U.S. Department of Labor (DOL) proposed a rule allowing mandatory ERISA retirement plan…
Group Urges Massachusetts to Wait on Fiduciary Standard
Massachusetts consumers stand to lose access to vital retirement planning and other financial advice under a proposed state…
Elizabeth Warren ‘Cautions’ DOL About Weak Fiduciary Rule
Conflict of Interest Rule sparks Warren’s warning against weak standards that risk Americans’ retirement savings.
How Much Money Did DOL Recover for Plans, Participants in 2019?
The Department of Labor’s Employee Benefits Security Administration (EBSA) released its enforcement and benefit advisor program results for…
The Move Toward MEPs
On Aug. 31, 2018, President Donald Trump signed a well-publicized executive order about strengthening retirement security in America,…
How to Navigate the Missing 401(k) Participant Playbook
Plan sponsors are increasingly challenged by the problem of missing participants, and the difficulties they face in performing…