For decades, both the federal and state governments have been working to tackle the coverage gaps in our retirement system. In the race for retirement readiness, dark horses like state plans with mandatory adoption...more
5/17/2024
/ Compensation & Benefits ,
Department of Labor (DOL) ,
Employee Benefits ,
Employees ,
Employer Liability Issues ,
Individual Retirement Account (IRA) ,
Proposed Regulation ,
Retirement ,
Retirement Plan ,
Safe Harbors ,
SECURE Act
On April 23, 2024, the Department of Labor published its long-awaited final retirement security rule broadening the definition of who is an “investment advice fiduciary” under section 3(21) of the Employee Retirement Income...more