EBIA Weekly Archives - 401(k) - Statutes

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Results (467 articles found)


  1. FTC Delays Enforcement of Red Flags Rule Until November and Issues FAQs Addressing Employee Benefit Plans
    From the July 30, 2009 EBIA Weekly
    The federal Red Flags Rule (Rule) requires certain businesses and organizations to implement written identity theft prevention programs that are designed to detect the warning signs (“red flags”) of identity theft in their day-to-day operations and ...
    [FTC Extended Enforcement Policy: Identity Theft Red Flags Rule, 16 CFR 681.1 (July 29, 2009)]
  2. DOL Delays Final Investment Advice Regulations for an Additional 180 Days to Allow More Time for Legal and Policy Review
    From the May 21, 2009 EBIA Weekly
    The DOL has delayed for an additional 180 days the effective and applicability date of its final regulations regarding investment advice for participants and beneficiaries of individual account plans (including 401(k) plans). The regulations, originally scheduled to be effective ...
    [Investment Advice—Participants and Beneficiaries, Final Rule; Delay of Effective Date and Applicability Date, 74 Fed. Reg. 23951 (May 22, 2009)]
  3. IRS Permits Plans to Suspend or Reduce Safe Harbor Nonelective Contributions if Sponsor Has Substantial Business Hardship
    From the May 21, 2009 EBIA Weekly
    The IRS has proposed amendments to the safe harbor plan regulations under Code Sections 401(k) and 401(m), permitting safe harbor plans to suspend or reduce safe harbor nonelective contributions during the plan year if the plan sponsor incurs ...
    [Prop. Treas. Reg. Secs. 1.401(k)-3 and 1.401(m)-3, 74 Fed. Reg. 23134 (May 18, 2009)]
  4. DOL Delays Final Investment Advice Regulations for 60 Days to Allow for Legal and Policy Review
    From the March 26, 2009 EBIA Weekly
    The DOL has decided to delay for 60 days the effective and applicability date of its recently published final regulations regarding investment advice for participants and beneficiaries of individual account plans. Those regulations, originally scheduled to be effective March 23, ...
    [Investment Advice—Participants and Beneficiaries, Final Rule; Delay of Effective Date and Applicability Date, 74 Fed. Reg. 11847 (Mar. 20, 2009)]
  5. Amended Regulation Z Under Truth-in-Lending Act Eliminates Disclosure Requirement for Most Retirement Plan Loans
    From the March 12, 2009 EBIA Weekly
    The Federal Reserve System’s Board of Governors (the Board) has amended Regulation Z to exempt most retirement plan loans from the disclosure requirement of the federal Truth-in-Lending Act. Generally, the Act requires lenders to provide borrowers ...
    [12 CFR Part 226, 74 Fed. Reg. 5244 (Jan. 29, 2009)]
  6. IRS Issues Final Regulations on Qualified and Eligible Automatic Contribution Arrangements
    From the February 26, 2009 EBIA Weekly
    The IRS has finalized regulations for implementing a qualified automatic contribution arrangement (QACA) or an eligible automatic contribution arrangement (EACA). As background, a QACA is a safe harbor plan design with automatic contributions that is deemed to satisfy the ADP ...
    [Automatic Contribution Arrangements, 26 CFR Parts 1 and 54, 74 Fed. Reg. 8200 (Feb. 24, 2009)]
  7. EBSA Issues Guidance on Fiduciary Duties in Response to Alleged Abuses Involving the Madoff Investment Firm
    From the February 12, 2009 EBIA Weekly
    The DOL’s Employee Benefits Security Administration (EBSA) has issued a brief statement on the duties of employee benefit plan fiduciaries in light of alleged abuses involving Bernard L. Madoff Investment Securities LLC. According to the guidance, recent events ...
    [Statement of Employee Benefits Security Administration, "Duties of Fiduciaries in Light of Recent Events Regarding Bernard L. Madoff Investment Securities LLC" (Feb. 5, 2009)]
  8. DOL Proposes to Delay Final Investment Advice Regulations, Requests Comments on Delay and Content of Rules
    From the February 05, 2009 EBIA Weekly
    The DOL has proposed a 60-day delay in the effective and applicability date of its recently published final regulations regarding investment advice for participants and beneficiaries of individual account plans. Those regulations implement the statutory prohibited transaction exemption for &#...
    [Investment Advice—Participants and Beneficiaries, Notice of Proposed Extension of Effective Date and Applicability Date; Request for Public Comments on Legal and Policy Questions Relating to the Final Rule, 74 Fed. Reg. 6007 (Feb. 4, 2009)]
  9. Updated IRS Procedures for Issuing Letter Rulings, Determination Letters, and Other Employee Plan Guidance
    From the January 22, 2009 EBIA Weekly
    Internal Revenue Bulletin 2009-1 contains the annual update and restatement of eight IRS revenue procedures that govern letter rulings, information letters, determination letters, and other IRS guidance, including guidance about employee plans. Each revenue procedure supersedes its 2008 counterpart. ...
    [Rev. Procs. 2009-1 through 2009-8, 2009-1 I.R.B. 1 (Jan. 5, 2009)]
  10. DOL Issues Final Investment Advice Regulations That Include Prohibited Transaction Class Exemption
    From the January 22, 2009 EBIA Weekly
    The DOL has issued final regulations that implement the statutory prohibited transaction exemption for “eligible investment advice arrangements” added by the Pension Protection Act of 2006 (PPA) and include a prohibited transaction class exemption (PTE) that expands the ...
    [Investment Advice—Participants and Beneficiaries, DOL Reg. Secs. 2550.408g-1 and 2550.408g-2, 74 Fed. Reg. 3822 (Jan. 21, 2009)]

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