Employers and benefits attorneys are eagerly anticipating an imminent proposal from the Department of Labor on alternative ...
On January 31, 2025, President Trump signed Executive Order 14192, titled“ Unleashing Prosperity Through Deregulation.” Its stated purpose was to encourage the reduction of private expenditure ...
The Insured Retirement Institute is urging the Department of Labor to reconsider its proposal to withdraw a long-standing safe harbor regulation that guides the selection of annuity providers in ...
Employers setting up new safe harbor plans need to notify their employees by September 1 and have the new plans running by October 1. The 401(k) market consisted of more than 87 million active ...
The IRS on Jan. 15 issued two updated safe harbor explanations that plan administrators may use when they provide written explanations to retirement plan participants about eligible rollover ...
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