On April 23, the US Department of Labor (DOL) released a final rule significantly expanding the definition of who qualifies as a fiduciary under the Employee Retirement Income Security Act (ERISA) ...

This document rescinds the Department of Labor's (Department or DOL) 2018 rule entitled "Definition of Employer Under Section 3(5) of ERISA--Association Health Plans" (2018 AHP Rule). The 2018 AHP ...

On November 3, 2023, the U.S. Department of Labor (DOL) proposed a collection of regulatory changes in its ongoing quest to update the definition of a “fiduciary” under ERISA and Section 4975 of the ...

Learn about the fiduciary rules for 401(k) plans for sponsors, administrators, and trustees. Find out their duties, ...

SUMMARY: This document contains a proposed regulation under Title I of the Employee Retirement Income Security Act (ERISA) that would broaden the criteria under ERISA section 3(5) for determining when ...

At the 50th anniversary of the Employee Retirement Income Security Act of 1974 (ERISA), health and welfare plans governed by ERISA have become the topic of far-reaching compliance mandates and ...

Major milestones are a good opportunity to pause, reflect, and think about where we are heading. This year is a major milestone for the retirement industry as the Employee Retirement Income Security ...

The Employee Retirement Income Security Act (ERISA) of 1974 establishes minimum standards for retirement and health plans in the private sector. With ERISA, Congress enacted tax and labor standards ...

The Department of Labor on Friday proposed a rule to expand its Voluntary Fiduciary Correction Program that allows ERISA-covered plan sponsors to self-correct errors they make after failing to send ...