A federal Judge in Texas yesterday issued an order temporarily barring the Department of Labor (“DOL”) from enforcing its much-publicized new overtime rule, just over one week before the rule’s December 1 effective...more
In April 2016, the Department of Labor (DOL) released the final version of the fiduciary rule. The final rule was six years in the making and impacts retirement plans, including 401(k) plans, and the employer who offer...more
6/10/2016
/ 401k ,
Best Interest Standard ,
Conflicts of Interest ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Fair Labor Standards Act (FLSA) ,
Fiduciary Duty ,
Final Rules ,
Individual Retirement Account (IRA) ,
Minimum Salary ,
OH Supreme Court ,
Over-Time ,
Property Tax ,
Religious Institutions ,
Retirement Plan ,
Tax Exemptions ,
Wage and Hour ,
White-Collar Exemptions
Millions of American workers will now be eligible for overtime pay after the Department of Labor (“DOL”) released its long-awaited Final Rule updating the overtime regulations under the Fair Labor Standards Act (“FLSA”). The...more
5/20/2016
/ Department of Labor (DOL) ,
Fair Labor Standards Act (FLSA) ,
Final Rules ,
Minimum Salary ,
Over-Time ,
Presidential Elections ,
Presidential Veto ,
Proposed Legislation ,
Standard Duties Test ,
Wage and Hour ,
White-Collar Exemptions