Generally, voluntary benefits are not part of the employer’s standard benefits package that includes health and dental insurance, for example. Instead, voluntary benefits are optional for the employer ...
The US Department of Labor has withdrawn a direct final rule that would have eliminated a long-standing regulatory safe harbor for selecting annuity providers in workplace retirement plans, following ...
A safe harbor 401(k) is a special type of employer-sponsored retirement plan that helps businesses skip the hassle of annual IRS testing — while guaranteeing employer contributions to employees. In ...
Benefits, requirements, and process of a popular type of 401(k) retirement savings plan for small businesses Christopher A. Farrell is a bestselling author, and former Wall Street trader and market ...
The Department of Labor swiftly rescinded a 2021 letter questioning private investments in 401(k) plans, but DOL officials have not yet delivered regulatory guidance required by the SECURE 2.0 Act.
A bloc of Republican senators is pressing the Department of Labor to move quickly on a regulatory safe harbor that would protect plan sponsors who add private equity and other alternative investments ...