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.
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.
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…