Don't HR Alone #56 - Weekly Compliance Update
This Week’s Update,(Aug. 21, 2017) Retirement plans. The U.S. Department of Labor (DOL) has issued a second set of frequently asked questions (FAQs) about the transition period for its fiduciary rule. The new guidance covers: a “fiduciary status disclosure” issue under the DOL’s ERISA Sec. 408(b)(2) service provider disclosure regulation applicable to ERISA pension plans; whether recommendations to plan participants and IRA owners to contribute to or increase contributions co