Regulatory and Legislative

DOL Posts FAQs on PLESAs Under SECURE 2.0

The Department of Labor (DOL) has announced the release of a set of frequently asked questions intended to provide general compliance information under ERISA regarding pension-linked emergency savings account (PLESA) arrangements that are allowed under SECURE 2.0. This guidance was developed in consultation with the Department of Treasury and the Internal Revenue Service; and the DOL is considering additional guidance.

Defined Benefit Plan Defined Contribution Plan DOL Legislative updates SECURE 2.0

Regulatory and Legislative

DOL Releases Final Fiduciary Rule for Investment Advisors

The Department of Labor (DOL) has released a final rule updating the definition of an investment advice fiduciary under ERISA.

Regulatory and Legislative

Disaster Assistance May Be Available for California Severe Winter Storm

The Federal Emergency Management Agency issued a disaster declaration on April 19, 2024, for California severe winter storm.

Regulatory and Legislative

Disaster Assistance May Be Available for California Severe Storms and Flooding

The Federal Emergency Management Agency issued a disaster declaration on April 19, 2024, for California severe storms and flooding.