Browsing Tag
Regulation
215 posts
Regulation refers to the laws and rules established by government agencies to ensure the fair and secure operation of retirement savings programs like 401(k)s. These regulations, primarily under ERISA, the IRS, and the Department of Labor (DOL), set standards for plan management, fiduciary responsibility, contribution limits, disclosure requirements, and participant protections. The goal is to safeguard employee benefits, promote transparency, and hold plan sponsors accountable for managing retirement assets responsibly and in the best interests of participants.
Danger! What to Avoid as a 401(k) Provider
It takes a lifetime to build a sterling reputation, one that can be destroyed in an instant. The…
How We Simply ‘Fell Into’ 401(k)s
Kent Conrad doesn’t think much of the current retirement system, and believes “we’ve sort of fallen into” 401(k)s…
How to Address the (Major) Risks of Proprietary Funds in 401(k)s
A study by the Center for Retirement Research at Boston College in May 2018[1] found that over 40…
IRS Expands Retirement Plan Determination Letter Program
IRS Determination Letter ensures retirement plan compliance with IRS rules, offering reassurance for sponsors and employees alike.
Massachusetts Regulator Proposes Fiduciary Rule
Frequent SEC Reg BI critic William Galvin, Secretary of the Commonwealth of Massachusetts, announced Friday that his Securities…
Concerned About Reg BI? Here’s Marcia Wagner’s Breakdown for Broker-Dealers
The SEC, by a 3-1 party-line vote, issued in a timely fashion its final regulations with respect to…
Ponzi Pledges: Regulators Allege Fraternity-Run Fraud
The SEC is charging a recent college graduate with orchestrating a Ponzi scheme that targeted college students and young investors.
Can Employees Release ERISA Fiduciary Breach Claims?
Plan fiduciaries looking to avoid protracted court cases filed by their plan participants are trying to develop the…
3 Potential 401(k) Plan Problems (and How They’re Fixed)
401(k) plans are like complicated machinery with a lot of moving parts and a lot of ways that…
Say No to Sanders’ Wall Street Nonsense
Death by a thousand cuts—a little here, a little there, who’s gonna know? It’s the thinking behind the…