Browsing Tag
Employee Benefits Security Administration (EBSA)
110 posts
The Employee Benefits Security Administration (EBSA) is a division of the U.S. Department of Labor responsible for protecting the integrity of private-sector employee benefit plans. It oversees retirement, health, and other welfare benefit plans under the Employee Retirement Income Security Act (ERISA). EBSA enforces compliance, provides guidance, and ensures workers, retirees, and their families receive the benefits they’ve earned.
Fake Fiduciary Rule Comments Spur Senators to Question DOL’s Scalia
A trio of Senators recently sent a letter to Secretary of Labor Eugene Scalia pressing him to outline…
Commenters Hammer DOL on Proposed ESG Rule
DOL ESG proposed rule faces strong opposition as commenters warn it could harm investors and restrict fiduciary flexibility.
Fisher Urges Careful Approach to Pooled Employer Plan Regs
Fisher Investments has signaled its strong support for Pooled Employer Plans (PEPs) in a letter to the Department…
The Worst 401(k) Plan in America
Recently, one of my 401(k) plan clients for whom I serve as a fiduciary advisor was audited by…
DOL to Seek Comments on PEP and Open MEP Prohibited Transactions
Want to let the DOL know what you think of Open MEPs and PEPs under the SECURE Act?…
DOL Allowing Private Equity in 401ks Draws Mixed Reaction
The Department of Labor’s June 3 Information Letter that opens the door for 401ks to include private equity…
EBSA Names Acting Assistant Secretary in Wake of Rutledge Departure
The Employee Benefits Security Administration has named Jeanne Klinefelter Wilson as Acting Assistant Secretary, replacing Preston Rutledge, who…
DOL Finalizes Electronic Disclosure Rule for Retirement Plans
The U.S. Department of Labor today announced publication of a final rule that permits default electronic delivery of…
EBSA Issues New CARES Act 401(k) Guidance
Further federal guidance regarding deadline relief for 401(k) plans impacted by CARES Act changes is here. The Employee…
DOL 401(k) Regulator Preston Rutledge to Step Down
Preston Rutledge EBSA departure announced, ending his tenure leading retirement and healthcare benefit oversight at the Department of Labor.