The IRS, PBGC and EBSA are accepting suggestions on how to simplify disclosures to benefit fiduciaries and participants. The Employee Benefits Security Administration, IRS and Pension Benefit Guaranty ...

The Employee Benefits Security Administration will host a three-part webinar series in March entitled, “Getting It Right—Know Your Fiduciary Responsibilities.” The series aims to educate fiduciaries ...

The Employee Retirement Income Security Act (ERISA) was enacted on Labor Day 1974 by President Gerald Ford to provide greater protection for employees participating in workplace benefit plans. More ...

The 408(b)(2) disclosures apply only to covered services provided to ERISA retirement plans. The regulations set a de minimis exception that excludes providers expecting to collect less than $1,000 ...

Federal regulators are seeking public input on the effectiveness of existing reporting and disclosure requirements for retirement plans, in order to craft a SECURE 2.0-mandated report to Congress. The ...

For some employee benefit professionals, it may be hard to imagine that the landmark Employee Retirement Income Security Act of 1974 marks its golden anniversary on September 2, 2024. Nearly 50 years ...

To meet their fiduciary duties, the plan administrator of “covered individual account plans” must comply with the disclosure requirements of Section 404(a)(5). Covered individual account plans include ...