Latest News

Compliance

April 25, 2017

Sorting Out The Fiduciary Rule ‘Curveball’

The Trump Administration’s Department of Labor still has not amended or replaced the Obama-era fiduciary rule as it has pledged to do; it has simply issued a brief delay and some supplemental interim exemptions. 

April 24, 2017

DOL Wins Settlement Over Withheld Contributions

Fiduciaries of the Weinhagen Tire Company 401(k) Plan agreed to an order resolving the DOL's lawsuit claiming the fiduciaries allowed the misdirection and misuse of employee contributions.

April 19, 2017

Cash Balance Plan Benefit Formulas to Be Examined

Generally, an IRS memo says, if the terms of the plan specifically allow the employer to vary the employee’s compensation used in the benefit formula, the plan would violate the definitely determinable rule.