Browsing Tag
Employee Benefits Security Administration (EBSA)
114 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.
Dems Say DOL Proxy Voting Proposal Hurts Retirement Savers
The Department of Labor has again drawn the wrath of Democratic lawmakers, who on Friday submitted a comment…
October 5, 2020
EBSA Head Defends Agency Amid Recent Regulatory Controversies
Jeanne Klinefelter Wilson, acting assistant secretary for the Employee Benefits Securities Administration at the Department of Labor took…
September 13, 2020
DOL Sets Sept. 3 Hearing for Controversial Fiduciary Rule Proposal
After rejecting earlier calls for a hearing on its controversial fiduciary rule proposal from Democratic lawmakers as well…
August 24, 2020
DOL Announces Estimated Income Rule for Retirement Plan Participants
Workers receive an ongoing lifetime income estimation from Social Security, and now they will from employer-sponsored plans as…
August 19, 2020
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…
August 17, 2020
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.
August 3, 2020
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…
July 22, 2020
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…
July 21, 2020
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?…
June 17, 2020
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…
June 8, 2020