Topic Archives:
ERIC Offers Recommendations For IRS Guidance On Retirement Plan Catch-Up Contributions
WASHINGTON, October 24, 2023 – The ERISA Industry Committee (ERIC) today submitted comments on Notice 2023-62, “Guidance on Section 603 of the SECURE 2.0 Act with Respect to Catch-Up Contributions,” released by the Internal Revenue Service (IRS) on August 25, 2023.
ERIC Retirement & Compensation Policy Highlights: Policy Conference Recap; Upcoming Senate Finance Paid Leave Hearing; and More!
ERIC Retirement & Compensation Policy Highlights: Upcoming Virtual Policy Conference; Recent Comment Letters; and More!
The ERISA Industry Committee Urges Labor Department to Carefully Implement SECURE 2.0 Disclosure Mandates
WASHINGTON, October 10, 2023 – The ERISA Industry Committee (ERIC) today provided comments to the U.S. Department of Labor (DOL) in response to its Request for Information regarding implementation of notice and disclosure provisions in the SECURE 2.0 Act.
The ERISA Industry Committee Asks SEC to Withdraw Proposed Rule on Financial Technologies
WASHINGTON, October 9, 2023 – The ERISA Industry Committee (ERIC) today submitted a letter to the U.S. Securities and Exchange Commission (SEC) requesting the withdrawal of a proposed rule, “Conflicts of Interest Associated With the Use of Predictive Data Analytics by Broker-Dealers and Investment Advisors” (published August 9, 2023 in the Federal Register) because of the increased costs and uncertainty it will impose on employer-sponsored savings plans, as well as millions of employees who rely on those plans to save for retirement.