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.
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…
Dems Demand Answers on Proposed EBSA Revamp
Yesterday, Senator Patty Murray, D-Washington, and Congressman Bobby Scott, D-Virginia, wrote to Preston Rutledge, Assistant Secretary of the…
EBSA Monetary Recoveries Significantly Increase
The Department of Labor (DOL) releases statistics regarding their actions as well as a strategic plan for enforcement for the coming year.
DOL’s Rutledge on Regulation, Fiduciary, MEPs and More
The issue of missing retirement plan participants was raised, with Rutledge making an appeal for education and information.
DOL Wants Your Opinion on 401(k) Auto Portability
Auto Portability Comments are open—share your views on the DOL’s proposed exemption for 401(k) rollover and retirement savings rules.
Clear, Confusing? DOL Likes ESG in 401ks (Sort of)
They like ESG—to a point. The Department of Labor made clear, somewhat, on Tuesday that plan sponsors, advisors…
EBSA Recovers Over $1 Billion for Employee Retirement Benefits
EBSA had a busy year, recovering $682.3 million through investigations alone. When added to sums totaled through informal…
Senate Confirms Rutledge to Key Department of Labor Post
On Thursday, the full Senate confirmed Preston Rutledge to serve as Assistant Secretary for the Employee Benefits Security Administration.…
Just Who is Trump DOL Nominee Preston Rutledge?
Preston Rutledge nomination raises questions on his EBSA leadership style, comparing his approach to Phyllis Borzi’s regulatory legacy.
34 Questions, Answers About the 401(k) Fiduciary Rule: DOL
You’ve got questions—they’ve got answers. Phyllis Borzi, chief cheerleader for the DOL’s Conflict of Interest (meaning 401(k) fiduciary) Rule, took…