Tag: DOL

retirement

DOL Continues Fiduciary Rule Enforcement Relief, But Confusion Remains

The U.S. Department of Labor (DOL) confirmed that neither it nor the Internal Revenue Service (IRS) would punish prohibited transaction exemption (PTE) violations by investment advice professionals who are fiduciaries working in good faith to comply with impartial conduct standards.

DOL Reportedly Mulling Easing Rules on Teens in Hazardous Jobs

The U.S. Department of Labor (DOL) is reportedly planning to change rules on youth employment so that more teens would be allowed to train to work in jobs deemed hazardous. But attorneys focusing on employment law issues warn that even if the change takes place, employers will still need to keep safety a priority and […]

depression

DOL Expands on MHPAEA Guidance for Applying Treatment Limits

The U.S. Department of Labor (DOL) proposed a new round of guidance on the Mental Health Parity and Addiction Equity Act (MHPAEA), elaborating on the law’s application to various plan design features that may be deemed to treat mental health benefits unfairly.

Health plan

Plan Sponsor Group Expresses Support for AHP Rule

The recent regulations on association health plans (AHPs) would make it easier for employers to provide cost-effective health coverage in a variety of situations, according to comments from a major plan sponsor organization. Other stakeholders, however, worry that AHP expansion might open the door to widespread fraud.

retirement

Supreme Court May Have to Decide Fate of DOL Fiduciary Rule

The future of the Department of Labor’s (DOL) fiduciary rule could land on the docket of the U.S. Supreme Court now that a federal appeals court has vacated the rule, including the expanded definition of “investment advice fiduciary” and associated exemptions.

wage

Caution Advised for Employers Considering DOL’s New PAID Program

The U.S. Department of Labor’s (DOL) announcement of a pilot program aimed at getting employers to voluntarily work with the department to resolve “inadvertent” overtime and minimum wage violations represents an opportunity for employers to fix mistakes without litigation, but attorneys who work with employers on wage issues urge caution.