On January 31, 2025, President Trump signed Executive Order 14192, titled“ Unleashing Prosperity Through Deregulation.” Its stated purpose was to encourage the reduction of private expenditure ...

The IRS on Jan. 15 issued updated two safe harbor explanations plan administrators may use when they provide written explanations to retirement plan participants about eligible rollover distributions.

The Insured Retirement Institute is urging the Department of Labor to reconsider its proposal to withdraw a long-standing safe harbor regulation that guides the selection of annuity providers in ...

Employers setting up new safe harbor plans need to notify their employees by September 1 and have the new plans running by October 1. The 401(k) market consisted of more than 87 million active ...

The Insured Retirement Institute filed comments urging the Department of Labor not to withdraw a longstanding safe harbor regulation. According to the Insured Retirement Institute, the Department of ...

The US Department of Labor has withdrawn a direct final rule that would have eliminated a long-standing regulatory safe harbor for selecting annuity providers in workplace retirement plans, following ...