ICI's Letter to OMB Regarding DOL's Revised Request to Collect Data

On October 15, 2024, ICI submitted a letter to the Office of Management (OMB) and Budget in response to a revised information collection request submitted to OMB by the Department of Labor (DOL). In the ICR, like the earlier proposed version of the ICR, DOL requests approval to collect information from plan administrators on a voluntary basis in order to establish the Retirement Savings Lost and Found online searchable database as directed under §303 of the SECURE 2.0 Act.

Read more in the comment letter.