Tag Archives: 105

DOL Publishes New SECURE Act Guidance Regarding Lifetime Income Disclosures

As we noted in our prior blog post, the DOL has announced new guidance, in the form of an interim final rule, implementing the lifetime income disclosure requirement for defined contribution plans that was added to ERISA by the 2019 SECURE Act.  This guidance has since been published in the Federal Register on September 18, … Continue Reading

New SECURE Act Guidance: Lifetime Income Disclosures for 401(k) and 403(b) Plans

On August 18, 2020, the Department of Labor (“DOL”) announced new guidance on lifetime income disclosures that must be included in pension benefit statements furnished to participants in defined contribution plans, such as 401(k) and 403(b) plans.  This guidance, issued in the form of an interim final rule, sets forth the rules that plan administrators … Continue Reading
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