DOL Adopts Registration Requirements for Pooled Plan Providers
The 2019 SECURE Act created a new type of multiple employer retirement plan called a pooled employer plan (PEP).
November 17, 2020
Tags: DOL, ERISA, Retirement Plans, SECURE Act
IRS Updates Life Expectancy Tables Used to Determine Required Minimum Distributions
The IRS has adopted updates to life expectancy tables used to calculate required minimum distributions from retirement plans, IRAs, and annuities.
November 17, 2020
Tags: ERISA, IRAs, IRS, Retirement Plans, SECURE Act, Taxes, Treasury Department
DOL Adopts Rule Amendments to Address ESG Investing
The DOL has adopted amendments to its ERISA investment duties regulation regarding ESG investments that make significant changes to the rule as originally proposed.
November 03, 2020
Tags: Retirement Savings, Active Management, DOL, ERISA, Retirement Plans
DOL Proposes Dramatic Changes to Proxy Voting by ERISA Plan Fiduciaries
The DOL has proposed to amend its “Investment duties” regulation to address proxy voting and the use of proxy advisory firms under ERISA.
September 01, 2020
Tags: DOL, ERISA, ESG, Proxy, Retirement Plans
DOL Issues Interim Final Rule Regarding Lifetime Income Illustrations for Plan Participants
The Department of Labor (DOL) has issued an interim final rule with request for comments (IFR) regarding lifetime income illustrations, as required by the SECURE Act.
August 24, 2020
Tags: DOL, ERISA, Retirement Plans, SECURE Act
DOL Proposes Registration Requirements for Pooled Plan Providers
The 2019 SECURE Act, which changed several retirement-related rules, also created a new type of multiple employer retirement plan called a pooled employer plan (PEP).
August 24, 2020
Tags: DOL, Retirement Plans, SECURE Act
The SEC has fined a Texas-based investment adviser regarding failures to disclose certain practices by the adviser in connection with teacher retirement plans and certain benefits received in connection with mutual fund share class selection practices.
August 11, 2020
Tags: 12b-1 Fees, Best Execution, Conflicts of Interest, Jay Clayton, Mutual Funds, Retirement Plans, Revenue Sharing, SEC Enforcement, Share Class Disclosure, Wrap Fees
DOL ERISA Proposals Single Out ESG Investments for Extra Scrutiny
The DOL has proposed amendments to its ERISA investment duties regulation regarding ESG investments.
July 01, 2020
Tags: Retirement Savings, DOL, ERISA, Retirement Plans
IRS Extends RMD Rollover Period to August 31, Provides Additional Guidance
The IRS issued a notice on June 23 regarding the CARES Act waiver of 2020 required minimum distributions (RMDs).
June 25, 2020
Tags: Retirement Savings, CARES Act, IRS, Retirement Plans
The IRS has published guidance regarding CARES Act provisions on Coronavirus-related distributions and loans from retirement plans.
June 22, 2020
Tags: CARES Act, Coronavirus, COVID-19, IRAs, IRS, Retirement Plans