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On April 23, the Department of Labor announced it had finalized its Retirement Security rule to "protect the millions of workers who are saving for retirement diligently and rely on advice from...
The rule, which will take effect on Sept. 23 — updates the “definition of an investment advice fiduciary under the Employee Retirement Income Security Act and the Internal Revenue Code ...
The Retirement Security Rule broadens the definition of a fiduciary to include any financial service provider who is compensated to provide advice to individual retirement account owners ...
Setting Every Community Up for Retirement Enhancement 2.0 Act of 2022; Acronyms (colloquial) SECURE 2.0 Act: Nicknames: SECURE 2.0 Act: Codification; Acts affected: Internal Revenue Code of 1986; Employee Retirement Income Security Act of 1974: Agencies affected: Internal Revenue Service; United States Department of Labor; United States ...
Employee Retirement Income Security Act of 1974 (PDF/details) as amended in the GPO Statute Compilations collection; Department of Labor 2003 "interpretive bulletin," Field Assistance Bulletin 2003-3, May 19, 2003, concerning allocation of expenses in a defined contribution plan. Guide to ERISA rights from the United States Department of Labor
The Employee Benefits Security Administration (EBSA) is an agency of the United States Department of Labor responsible for administering, regulating and enforcing the provisions of Title I of the Employee Retirement Income Security Act of 1974 (ERISA).
Morningstar, Inc. estimates that participants in workplace retirement plans could save as much as $55 billion in the coming ten years thanks to the Retirement Security Rule.
The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary ...