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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...
Important information for anyone seeking retirement planning advice. The Biden administration finalized a controversial new retirement rule — here are 3 key things you need to know now Skip to ...
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 Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry.
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).
The research focuses on retirement security, with an emphasis on the role and value of the defined benefit pension plan (DB) and on innovative policies and strategies in the retirement arena. [1] NIRS also holds an annual retirement policy conference in Washington, D.C. that focuses on retirement policy solutions.
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 Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019, Pub. L. 116–94 (text), was signed into law by President Donald Trump on December 20, 2019 as part of the Further Consolidated Appropriations Act, 2020 (2020 United States federal budget).