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.
DOL’s Target for Missing 401k Participants Is ‘Zero’
At the 2019 NAPA 401(k) Summit, Assistant Secretary of Labor Preston Rutledge indicated the DOL’s long-term goal is…
Yale Prof REALLY Wrong on 401(k) ‘Failure’
401(k) retirement debate myths debunked, addressing coverage, fees, and Social Security comparisons with clear facts.
The NeverEnding Story—Reg BI and the Latest Fiduciary Folly
Progress on the fiduciary rule has often looked like two steps forward, one step back (or vice versa).…
SECURE Act Would Ease 401(k) Plan Access for Small Biz
SECURE Act 2019 makes it easier for small businesses to offer retirement plans, expand savings options, and boost financial security.
Major 401(k) Fiduciary Breach Lawsuit Finally Comes to an End
It could be argued it’s the case that started it all. After 12 years of lawyers, litigation and…
Trump Wants 401(k)s for Federal Workers
A 401(k)-style defined contribution system for some federal workers is part of “A Budget for a Better America,”…
7 Steps to a Well-Constructed Investment Policy Statement
Although the ERISA doesn’t necessarily require an investment policy statement, the law does make it clear in Section…
Fidelity Facing 401(k) Fee Fire on Multiple Fronts
Massachusetts Secretary of the Commonwealth William Galvin sent a letter to Boston-based Fidelity Investments on Feb. 27 requesting…
Massachusetts Regulator Convenes FinTech ‘Working Group’
FinTech Advisory Group formed in Massachusetts to guide fintech businesses, support innovation, and strengthen securities regulation.
10 Critical Questions About Retirement Plan Cybersecurity
Congress is taking an interest in cybersecurity specifically as it relates to retirement plans, providers, sponsors and participants.…