Ledbetter Parisi LLCOct 3, 20211 minDeadline to Provide Lifetime Income Illustrations on Defined ContributionThe SECURE Act, legislation passed in December 2019, requires 401(k) plans to include two lifetime income illustrations on benefit...
Ledbetter Parisi LLCSep 30, 20211 minMany 401(k) Participants Do Not Understand Fees, GAO ReportsThe Department of Labor requires 401(k) retirement plans to provide participants information on plan and investment fees. The Government...
Ledbetter Parisi LLCSep 19, 20211 minGAO Releases Report on EBSA Enforcement EffortsThe Government Accountability Office released a report addressing Employee Benefits Security Administration (“EBSA”) enforcement efforts....
Ledbetter Parisi LLCSep 9, 20212 minEnforcement of Certain Provisions of No Surprises Act DelayedThe Departments of Labor, Health and Human Services, and Treasury (the “Departments”) released a set of FAQs regarding implementation of...