Tagged: us department of labor

CfPA President Comments on Changes to Employee Retirement Income Security Act (ERISA) as Alternatives May Become an Option for Retirement Accounts

The US Department of Labor has proposed a new regulation that aims to make it easier for 401(k) plan fiduciaries to include alternative assets such as private equity, venture capital, crypto, real estate, and more in participant-directed retirement plans. This includes online capital formation, securities… Read More

US Department of Labor Issues New Rules to Enable Alternative Assets in 401Ks

The US Department of Labor has proposed new rules to enable savers to include alternative assets in 401K plans. In the US, 401(k)s are the main retirement vehicles for savers. While some pensions remain, the majority of professional use either a 401K, typically sponsored by… Read More

US Department of Labor to Rescind Biden Rule that Harmed Independent Contractor

The US Department of Labor (DOL)has proposed a new rule that will formally rescind the harmful Biden Administration Independent Contractor rule. The 2024 DOL independent contractor rule, enacted under the Biden Administration, that went into effect in March 2024, altered guidelines for classifying workers, often… Read More

US Department of Labor Softens Tone on Crypto in Retirement Accounts

Last week, the US Department of Labor’s Employee Benefits Security Administration rescinded a 2022 compliance release that discouraged fiduciaries from including cryptocurrency options in 401(k) retirement plans. This was part of a broader attack on the digital asset sector during the Biden Administration. In the… Read More

SBE Council: New Independent Contractor Rule Puts Entrepreneurs at Risk, Creates Unneeded Uncertainty for Small Businesses

The Small Business & Entrepreneurship Council (SBE Council) has issued a statement on new rules promulgated by the US Department of Labor (DOL) that may impact startups and entrepreneurs. The DOL has issued its final Independent Contractor rule today, claiming that it “helps employers and… Read More

Send this to a friend