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.
EBSA Hits ‘Pause’ Button on Dec. 20 Enforcement of PTE 2020-02
In response to industry concerns, new Field Assistance Bulletin 2021-02 pushes Dec. 20 deadline for compliance to Jan. 31, 2022
Playing Field Now Leveled to Include ESG: ARA’s Brian Graff At LNRS 2021
“We finally got the ESG proposed rule we’ve been waiting on for a very long time,” American Retirement…
New ESG Guidance from DOL Seeks to Reverse ‘Chilling Effect’ of Trump-Era Rules
Proposed rule would remove barriers to plan fiduciaries’ ability to consider climate change and other environmental, social and governance factors when they select investments and exercise shareholder rights
Senator Urges Confirmation of EBSA Nominee Lisa Gomez
She said the agency has a critical role to play in addressing threats from unscrupulous financial advisors
SECURE Act-Dictated Changes to Form 5500 Proposed
DOL publication of proposed changes for updating Form 5500 filing requirements and instructions triggers start of 45-day comment period
4 in 10 Participants Don’t Understand 401(k) Fees—Or Know They Even Pay Them
Almost 40% of 401(k) plan participants do not fully understand and have difficulty using the fee information that…
Biden Taps NYC Attorney Lisa Gomez to Lead EBSA
The White House announced today that President Joe Biden plans to nominate attorney Lisa M. Gomez to be…
DOL to Act on Credit Rating Use in 401k Fiduciary Decisions
Should credit ratings be used by fiduciaries when making investment decisions for retirement plans? As a result of…
Department of Labor to Change Definition of Fiduciary
Fiduciary Rule Definition Change proposed by DOL and EBSA to update investment advice standards for employee benefit plans and IRAs.
DOL Releases Cybersecurity Guidance for 401(k) Plans
The second guidance release in as many days from the Department of Labor covers best practices for maintaining…