The Department of Treasury, the Department of Labor, and the Pension Benefit Guaranty Corporation have released a Request for Information pursuant to Section 319 of SECURE 2.0.
The Department of Labor has announced the release of a proposed regulation on automatic portability transactions pursuant to Section 120 of SECURE 2.0.
The Department of Labor has announced the release of a set of frequently asked questions intended to provide general compliance information.
The IRS has issued a final rule to update minimum present value requirements for defined benefit plan distributions.
A Department of Labor proposed rule titled Exemption for Certain Automatic Portability Transactions has been removed from the Office of Management and Budget’s list for review.
The IRS has released Notice 2024-22, providing guidance on anti-abuse rules under Section 127 of the SECURE 2.0 Act with respect to Pension-Linked Emergency Savings Accounts.
The Pension Benefit Guaranty Corporation has published in the Federal Register inflation-adjusted penalty amounts for failure to provide certain notices or other material information.
The Department of Labor Wage and Hour Division has issued a news release and final rule to clarify whether a worker qualifies as an employee or an independent contractor under the Fair Labor Standards Act.
Representatives Darin LaHood (R-IL), and Linda Sanchez (D-CA) have introduced H.R. 6757.
The Senate and House committees of jurisdiction have released a draft containing technical corrections and other clarifications to SECURE 2.0.