Employers: Comment on Proposed 401k Regulations
September 3rd, 2008 Posted by MadisonEmployers have been invited to comment on new regulations regarding 401k and other retirement savings plans.
The US Department of Labor recently announced stricter rules for employers to follow in informing workers of options. These regulations are proposed at this point, however, they will become final beginning January 1, 2009. The proposed regulations were published in the Federal Register on July 23, 2008.
Employers can comment on the new regulations by (more…)
Tighter Federal 401K Enforcement
September 1st, 2008 Posted by AmeliaEmployers are warned that the US Department of Labor and the Securities and Exchange Commission or SEC will be sharing information on employee retirement plans such as 401ks. This collaboration enables the federal agency to more strictly enforce regulations on employers.
Elaine L. Chao, U.S. secretary of labor, and Christopher Cox, chairman of the U.S. Securities and Exchange Commission (SEC), today committed to (more…)
Tags: 401 k plans, 401K, christopher cox, commission, employee retirement, exchange, federal, investment decisions, investor protection, memorandum of understanding, plan administrators, protection efforts, regulation, regulatory responsibilities, retirement assets, retirement savings, sec, secretary chao, secretary of labor, securities, securities and exchange commission, US Department of Labor
RELATED LINKS
POPULAR POSTS
More Popular Posts
Tags: 401K, comment, comparative chart, disclosure project, employee benefits security administration, employer, employer comments, federal, fee disclosure, investment decisions, investment options, legalese, model chart, participant fee, regulation, retirement savings, secretary of labor, secretary of labor elaine, US, US Department of Labor