DOL clarifies deadline relief for retirement plans and participants

Recent guidance from the Department of Labor (DOL) provides some clarity on last year's pandemic relief for retirement plans and ...

DOL and Treasury Provide Certain Deadline Relief to Retirement ...

DOL and Treasury Provide Certain Deadline Relief to Retirement and Health Plans and Participants · HIPAA special enrollment periods · 60-day ...

Deadline relief continues for health plans and participants

To provide relief during the COVID-19 National Emergency that began March 1, 2020, the departments of Labor (DOL) and Treasury released guidance (the joint ...

DOL Provides COVID-19 Relief for Retirement Plans

Notably, there was no further extension of the annual Form 5500 deadline. In addition, the Notice announces apparently relaxed DOL enforcement ...

DOL Announces Hurricane Relief for Retirement Plans

Retirement plan participants, sponsors, and administrators have relief from some compliance deadlines and requirements due to recent ...

DOL Clarifies Cybersecurity Guidance - Ascensus

... assistance release clarifying that ... DOL and Treasury Provide Certain Deadline Relief to Retirement and Health Plans and Participants.

US Department of Labor announces final rule to remove barriers to ...

“Today's rule clarifies that retirement plan fiduciaries can take into account the potential financial benefits of investing in companies ...

DOL Filing Deadlines & Fiduciary Relief for Retirement Plans - Segal

The DOL instructs plan fiduciaries to make reasonable accommodations to prevent participants from having benefit payments lost or delayed ...

Employers Prepare for Thawing ERISA Deadlines - Ogletree

The agencies referred to this period as the “outbreak period.” The DOL clarified the effect of the relief in Employee Benefits Security ...

FAQs about Retirement Plans and ERISA - U.S. Department of Labor

For example, if your employer maintains a retirement plan, ERISA specifies when you must be allowed to become a participant, how long you have to work before ...

DOL Clarifies Deadlines for Lifetime Income Illustration Disclosure ...

... plan administrators can satisfy the new lifetime income illustration disclosure requirements for participant pension benefit statements. On ...

That means participating employees terminated due to the COVID-19 pandemic and rehired by the end of 2020 generally would not be treated as having an employer- ...

How Many Years Is A One Year Extension? DOL Clarifies its ...

As background, in April 2020 the DOL announced that certain deadlines under ERISA were suspended starting March 1, 2020, until 60 days after the ...

The DOL Provides Limited Relief to Retirement Plans and Their ...

In response to the COVID-19 pandemic (the “Pandemic”), on April 28, 2020, the Employee Benefits Security Administration (EBSA) issued Disaster ...

DOL Clarifies COBRA Time Frames Delayed by COVID-19 - DataPath

The February 26 notice clarifies the position of the DOL and IRS that the one-year COVID-19 extensions will continue past February 28th, and ...

Labor Department Finalizes Investment Advice Fiduciary Rule ...

Retirement plan sponsors should also find relief in that the Final Rule clarifies the types of investment education described in DOL's ...

DOL Clarifies Timing Requirement for Annual Investment-Related ...

The change permits information that must be disclosed each year, to be provided to participants up to 14 months after the date on which the prior annual ...

COVID-19 Joint Agency Relief Part 1: ERISA Enforcement Relief for ...

The Coronavirus Aid, Relief and Economic Security (CARES) Act granted the DOL authority to provide extensions of up to one year, in response to ...

DOL and IRS Issue COVID-19 Guidance and Relief for Plan ...

Relief for Disclosures and Notices to Participants · Loosened Requirements Relating to Contributions, Distributions, and Loans · Deadlines ...

The DOL and IRS Have Been Busy! Quick Hits Employee Benefits ...

2) ACTION REQUIRED! December 31, 2022 Amendment Deadline for Tax-Exempt 457(b) Plans. Plan sponsors of tax-exempt 457(b) plans must amend their ...