Browsing Tag
Department of Labor (DOL)
480 posts
Fred Reish: More on What ‘Best Interest’ Really Means (In the Real World)
In my last two posts (Bests No. 9and No. 10), I discussed the definition of the Best Interest standard…
Missing Participants and Fiduciary Responsibilities: A Risk for TPAs
The Department of Labor (DOL) is aggressively investigating the practices and procedures of plan sponsors with respect to…
Labor Secretary Acosta Under Fire for Sweetheart Pedophile Deal
Update per McClatchy: Trump labor secretary out of running for attorney general after Miami Herald report. Labor Secretary Alexander Acosta…
401k Filing Relief for California Wildfire Victims
In the wake of the most destructive California wildfire season on record, the Department of Labor (DOL) has…
Fred Reish: What Does ‘Best Interest’ Really Mean?
“Best Interest” has become part of the American lexicon …as an aspirational goal or a demanding standard—depending on…
To-Do: Remind 401k Plan Sponsors to…
As the end of the year approaches, advisors may want to remind plan sponsors of deadlines for amending…
DOL Secretary Acosta Trumpets Trump MEP Proposal
Labor Secretary Alexander Acosta hit the road Friday to talk about the nation’s retirement savings gap and promote…
Fred Reish: 401k Sponsors in Serious Need of Fiduciary Training
In three earlier posts about the Sacerdote v. New York University decision, I discussed the good and the bad…
DOL Wants Your Opinion on 401k Auto Portability
Do you have a strong opinion about auto portability? Now’s the time to speak up. The Department of…
Why We Still Need Open MEP Legislation
We need incentives for more smaller employers to adopt 401k plans for their employees. However, the current structure…