dol

PBGC Announces Changes to e-Filing Portal

The Pension Benefit Guaranty Corporation has indicated they will launch a new and improved e-Filing Portal on February 1, 2024.

FuturePlan ERISA Team

DOL

Defined Benefit Plan

Defined Contribution Plan

PBGC Issues Comprehensive Premium Filing Instructions for 2024 Plan Years

The Department of Labor’s Pension Benefits Guaranty Corporation has issued the 2024 plan year version of its Comprehensive Premium Filing Instructions.

FuturePlan ERISA Team

DOL

Defined Benefit Plan

Defined Contribution Plan

OMB Completes Review of DOL Regulatory Terms

Two Department of Labor (DOL) regulatory actions have been removed from the Office of Management and Budget’s list for review.

FuturePlan ERISA Team

DOL

Defined Contribution Plan

Proposed Automatic Portability Exemption at OMB

The Office of Management and Budget has received a proposed rule from the Department of Labor titled “Exemption for Certain Automatic Portability Transactions”.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

DOL

DOL Issues Final Rule Updating Davis-Bacon Regulations

The Department of Labor has issued a final rule updating the Davis-Bacon Act and the Davis-Bacon Related Acts nearly 40 years after the Department last completed a comprehensive revision of the guidelines.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

DOL

Washington Pulse

Prevailing Wage

DOL Final Rule on QPAM Exemptions at OMB

The Office of Management and Budget has received a final rule from the Department of Labor titled “Proposed Amendment to PTE 84-14 for Plan Asset Transactions Determined by an Independent Qualified Plan Asset Manager”.

FuturePlan ERISA Team

DOL

Fiduciary Issues

Defined Contribution Plan

Defined Benefit Plan

HSA

IRA

DOL Proposes Expanded Definition of Investment Advice Fiduciary

The proposed rule expands the definition of fiduciary; requires that advice being given to a broader range of retirement investors meet fiduciary standards; and treats more rollover recommendations as fiduciary advice.

FuturePlan ERISA Team

Washington Pulse

DOL

Regulations

DOL Releases Proposed Fiduciary Rule

The Department of Labor (DOL) has released a new proposed rule updating the definition of an investment advice fiduciary under ERISA.

FuturePlan ERISA Team

DOL

Legislative updates

Defined Contribution Plan

Fiduciary Issues

DOL Issues Advisory Opinion Regarding Investment Management Fees

The Department of Labor has responded to fiduciary responsibility questions from Citigroup Inc. (Citi) related to their Racial Equity Asset Manager Program.

FuturePlan ERISA Team

DOL

Defined Contribution Plan

Fiduciary Issues

DOL Sends Fiduciary Rule to OMB

The Department of Labor has sent a proposed rule titled “Retirement Security” to the Office of Management and Budget.

FuturePlan ERISA Team

DOL

IRA

Defined Benefit Plan

Defined Contribution Plan

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