Retirement

Updates

protected content DOL Issues FAQs on Participant-Level and Service Provider Disclosure Rules

The Department of Labor's Employee Benefits Security Administration on May 7 issued a series of frequently asked questions (“FAQs”) that provide follow-up guidance to the Department’s final regulations on participant-level fee disclosure rules. These rules under section 404 of ERISA were released in October 2010. The FAQs also provide guidance related to the final disclosure rules related to service provider disclosure to employers under section 408(b)(2).… More

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House and Senate to Start Work on Transportation Legislation Conference with Interest Stabilization Provision

Both the House and Senate have named conferees to work out the details of a House-Senate transportation reauthorization bill. The first meeting of the conferees is scheduled for this week. ERIC has been meeting with House members to advocate for the inclusion of the interest stabilization provision included in the Senate bill. … More

ERIC Offers Recommendations to Improve Treasury Lifetime Income Guidance

ERIC on May 2 submitted to the Department of Treasury and Internal Revenue Service a series of three comment letters in response to their February 2012 package of proposed regulations and revenue rulings regarding lifetime-income options for participants and beneficiaries in retirement plans. … More

protected content Social Security and Medicare Trustees Again Sound Program Funding Warnings

The Social Security and Medicare Boards of Trustees on Monday (April 23) released their annual trust fund reports on the fiscal health of… More

ERIC Calls on Congress to Preserve Employer-Provided Retirement System

Washington, D.C. -- ERIC on April 17 joined 28 other trade associations in submitting a statement for the record for a House Ways and Means… More

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