On Friday, November 3, the Federal Register published the U.S. Department of Labor’s (DOL) latest attempt to redefine who is an “investment advice fiduciary” under ERISA.

On April 23, 2024, the U.S. Department of Labor (the “DOL”) promulgated a final rule, titled the “Retirement Security Rule” (the “Final Rule”), updating the definition of an ...

ERISA: The federal law that changed retirement planning celebrates its 50th anniversary Millions of Americans invest for retirement in 401(k) plans and other programs.

ERISA requires that retirement plans annually file a Form 5500, Annual Return/Report of Employee Benefit Plan (“Form 5500”) with the DOL and IRS. The form summarizes the operation of the plan ...

Text Callout : Key Takeaways - How ERISA Impacts Your Retirement . The Employee Retirement Income Security Act safeguards the financial future of many Americans saving for retirement.