Labor Department Launches Online System for Abandoned Plan Program

The new platform simplifies the benefit distribution process for retirement plans abandoned by sponsoring companies. The Department of Labor announced that the Employee Benefits Security Administration has introduced…

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DOL Requests Public Input on Retirement Plan Disclosures

Federal agencies are looking at how many and how often workers receive retirement disclosures, as well as their effectiveness. The Department of Labor announced that the Employee Benefits…

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Public Comments Reopened for Proposed Amendment to DOL Policy

The discussions are to focus on retirement-focused investment plans. At the end of March, the Department of Labor (DOL) reopened public comments on its proposed amendment to their…

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Labor Department Announces Cybersecurity Plans

Hopes new measures will protect access to retirement benefits. In 2018, the Employee Benefits Security Administration estimated that the assets of retirement plan holders total around $9.3 trillion.…

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