Pension Content

The Department of Labor (DOL) recently announced that it was reopening the comment period on its 2013 proposal to amend six prohibited transaction class exemptions (PTEs) to remove references to credit ratings pursuant to the requirements of the Dodd-Frank Wall Street Reform and...

In Notice 2021-40, the Internal Revenue Service (IRS) announced further extension of the temporary relief from the physical presence requirement for notarization of spousal consent (and other participant elections) previously provided in Notices 2021-03 and 2020-42. Notice 2020-42...

On June 11, 2021, the Treasury Department and Internal Revenue Service (IRS) published a final regulation relating to the new mandatory 60-day postponement of certain time-sensitive tax-related deadlines by reason of a federally declared disaster, which was added by the Taxpayer...

The Department of Labor (DOL) and the Treasury Department and Internal Revenue Service (IRS) recently issued their updated Spring 2021 Semi-Annual Regulatory Agendas (Agendas), which include projected dates for issuance of proposed and final regulations. As described in more detail...

As we previously informed you, on June 3, 2021, President Biden signed a new Executive Order Addressing the Threat from Securities Investments that Finance Certain Companies of the People's Republic of China (EO) and the Office of Foreign Assets Control (OFAC) published a number of...

On June 3, 2021, President Biden signed a new Executive Order Addressing the Threat from Securities Investments that Finance Certain Companies of the People's Republic of China (EO) and the Office of Foreign Assets Control (OFAC) published a number of new FAQs and updated others...

ICI submitted the attached letter requesting that the Treasury Department and Internal Revenue Service include guidance on certain issues concerning retirement security on their 2021-2022 Priority Guidance Plan. ICI submitted a separate letter with recommendations concerning regulated...

Senators Cardin (D-MD) and Portman (R-OH) recently reintroduced the Retirement Security and Savings Act of 2021 (S. 1770).

On May 18, the Office of Foreign Assets Control (OFAC) issued General License 1B "Authorizing Transactions Involving Securities of Certain Communist Chinese Military Companies"[1] with respect to Executive Order 13959 of November 12, 2020, Addressing the Threat From Securities...

On May 5, 2021, the House Ways and Means Committee held a markup of H.R. 2954, the “Securing a Strong Retirement Act of 2021,” and approved the bill by voice vote. The overwhelmingly bipartisan nature of the markup suggests the package would have little trouble passing the full House...