The American Bankers Association today urged the Department of Labor to delay proposed changes to Form 5500, which reports annual information about the operation, funding, assets and investments of pensions and other employee benefit plans.
The Department of Labor today issued a field assistance bulletin to extend the compliance date for the class exemption on investment advice.
The Department of Labor today issued a proposed rule regarding the environmental, social or governance investing and a fiduciary’s proxy voting activity under the Employee Retirement Income Security Act.
The American Bankers Association and a coalition of retirement trade groups reiterated their request yesterday that the IRS make permanent its temporary relief from the physical presence requirement for spousal consent.
The American Bankers Association requested that the Department of Labor extend the Dec. 20, 2021, compliance date regarding an investment advice exemption.
The Department of Labor on Monday issued temporary implementing frequently asked questions in connection with an interim final rule that sets out for retirement plan administrators the method for calculating lifetime income illustrations.
The American Bankers Association urged the IRS yesterday to delay the use of new draft forms W-4P and W-4R, which are used to determine the appropriate amount of federal income tax to be withheld for various types of retirement distributions.
The Department of Labor on Tuesday released frequently asked questions for advisers and investors on fiduciary investment advice.
The Department of Labor’s Employee Benefits Security Administration today issued long-anticipated guidance on cybersecurity and best practices for protecting retirement benefits.
In response to concerns raised by industry stakeholders including the American Bankers Association, the Department of Labor will revisit its recent final rules regarding environmental, social or governance investing and a fiduciary’s proxy voting activity under the Employee Retirement Income Security Act