Retirement Regulation

The DOL has “shared information with class action law firms to give them a leg up in federal litigation,” House Committee Chair Rep. Virginia Foxx wrote to the DOL’s Inspector General.

Below is a summary of provisions relevant to employers and their retirement plans that will become effective in 2025.

The American Benefits Council found most voters back current rules, while America's Health Insurance Plans found bipartisan support.

There are proactive steps employers can take to address student loan issues, such as providing better information on loan forgiveness eligibility and creating incentives like matching contributions, according to MissionSquare.

There’s a push by Congress to pass a bill to allow CITs – tax-exempt, pooled investment vehicles similar to mutual funds – in 403(b) plans, but investor advocacy groups oppose the bill. But now, the American Retirement Association is strongly advocating for its passage.

In partnership with Connecticut’s state program that launched in 2022, Rhode Island’s new RISavers Program will be required for businesses to enact that do not have a 401(k).

As more U.S. households gain confidence in investing, they're becoming more self-reliant in making financial decisions, according to new research from Hearts & Wallets.

Auto-IRAs increase coverage of retirement plans because most states require that employers to either enroll their employees in the state plan or offer their own plan such as a 401(k), according to Gusto research.