On December 19, 2024, the Department of the Treasury published a report on the Uses, Opportunities, and Risks of Artificial Intelligence in Financial Services Sector.
The Office of Information and Regulatory Affairs recently released its Fall 2024 Unified Agenda of Regulatory and Deregulatory Actions, which includes updated Agency Rule Lists from the Department of Labor and the Treasury Department and Internal Revenue Service—including projected...
The IRS and Treasury Department released Announcement 2025-02, relating to the applicability date of future final regulations relating to required minimum distributions.
On December 4, 2024, the US Government Accountability Office (GAO) released a report entitled "401(k) Plans: Industry Data Show Low Participant Use of Crypto Assets Although DOL's Data Limitations Persist".
The Internal Revenue Service recently issued Notice 2024-82 containing the 2024 Required Amendments List (RA List) for certain individually designed retirement plans.
On November 18, 2024, the Department of Labor announced the start of its information collection in order to establish the Retirement Savings Lost and Found online searchable database as directed under §303 of the SECURE 2.0 Act.
ICI on November 7, 2024, submitted a comment letter to Treasury and IRS providing preliminary recommendations for regulations to implement the Saver's Match contribution requirements of section 103 and 104 of the SECURE 2.0 Act.
