Will Trump DOL Move Away From Biden Independent Contractor Classification Rule?
Oral arguments in Frisard’s Transportation LLC v. United States DOL were scheduled to begin early this month, but under the...
Tag: Department of Labor (DOL)
Department of Labor Secretary Nominee Gets Confirmation Hearing Date
While she has not been publicly outspoken about retirement policy, Chavez-DeRemer has been more active on the employer health plan...
Education and Workforce Committee Renews Call to Probe EBSA for Alleged ‘Power Abuse’
The committee has once again urged the Department of Labor’s Office of Inspector General to investigate claims that the Employee...
Proposed ESOP Rules Scrapped Following Trump’s Regulatory Freeze
A presidential executive order issued Monday led to the withdrawal of rules that had not yet been published in the...
DOL’s Retirement Savings Lost and Found Database Goes Live
The database centralizes information for lost retirement accounts and provides guidance to claim funds.
DOL’s Khawar, Among Architects of New Retirement Fiduciary Rule, To Step Down
The career EBSA official who had been appointed by Biden to principal deputy assistant secretary will be leaving January 20.
Compliance Year in Review
David Kaleda, an ERISA expert, reflects on the year that was for plan fiduciaries.
Video: Lisa Gomez Discusses Her Exit Strategy
The EBSA head discusses the importance of the DOL continuing to do outreach on retirement savings to participants on the...
Trump’s Labor Secretary Pick Has More Health Than Retirement History
Oregon representative Lori Chavez-DeRemer also comes with pro-labor record that may give pause to Republican Senators.
DOL Releases Informational Copies of 2024 Form 5500s
The instruction updates include how to report on pension-linked emergency savings accounts.
Trump Picks Union Supporter for Secretary of Labor
President-elect Donald Trump announced his intent to nominate Rep. Lori Chavez-DeRemer, an Oregon Republican, to head the Department of Labor.
Mercer: Trump, New Congress Will Likely Continue Bipartisan Work to Expand 401(k) Coverage
Mercer’s policy lead says bipartisan work should continue to expand employer-sponsored retirement plan coverage, but tax treatment of such plans...
Correcting 401(k) Auto-Enrollment Failures
ERISA experts Fred Reish and Joan Neri answer a question about addressing a plan sponsor client’s error in implementing automatic...
DOL Initiates Data Collection to Reunite Workers With Lost Retirement Savings
The Retirement Savings Lost and Found database is expected to go live in December.
DOL Extends Disaster Relief Timeline for Plans Impacted by Hurricanes
Relief ends on May 1, 2025, for areas impacted by hurricanes.
ERISA Experts See Regulation Pullback as Key Theme of Trump Rule
A Trump administration and likely Republican-led Congress will create opportunities in many areas of retirement advisement, but they will also...
Industry Watchers Point to Fiduciary Rule, ESG, Markets After Trump Win
The employer-sponsored retirement plan industry will be watching for shifts in policy and focus with the return of a Donald...
Most Hybrid RIAs Favor Retirement Fiduciary Standard
DPL Financial Partners, which works in commission-free annuities, released a survey of RIAs and broker/dealers regarding the DOL’s stalled fiduciary...
Treasury Launches Financial Inclusion Plan, Stresses SECURE 2.0 Provisions
The department’s report includes a strong focus on implementing programs like the Saver’s Match.
DOL Publishes 1st List of Firms Using Qualified Plan Exemptions
The list includes nearly 900 companies as part of the DOL’s finalized amendment to PTE 84-14.