Tag: DOL

retirement

Exception to the Rule: Understanding the DOL Fiduciary Rule

In part one of this article, we covered the roles and responsibilities of a plan fiduciary and evaluated the new U.S. Department of Labor (DOL) fiduciary rule’s impact, even though full implementation has been delayed—extended to July 1, 2019. In this article, we’ll cover the exception to the fiduciary rule, as well as some steps […]

Are Unpaid Internships Now Acceptable?

The U.S. Department of Labor (DOL) recently updated its internship fact sheet, in effect changing the guidelines for internships. The move has prompted many employers to wonder: Do we still have to pay interns?

New Rules for Internships

The U.S. Department of Labor (DOL) has updated its internship fact sheet to help employers determine whether interns and students working for “for-profit” employers are entitled to minimum wages and overtime pay under the Fair Labor Standards Act (FLSA).

Real Benefits to Hiring Ex-Convicts

In yesterday’s Advisor, we looked at some risks perceived by employers that consider hiring ex-convicts. Today, we’re going to be taking a look at some of the potential benefits.

Saving

DOL Extends Transition Period for Fiduciary Rule Exemptions

On November 27, the U.S. Department of Labor (DOL) announced an 18-month extension—from January 1, 2018 to July 1, 2019—of the special Transition Period for the Fiduciary Rule’s Best Interest Contract Exemption and the Principal Transactions Exemption, and of the applicability of certain amendments to Prohibited Transaction Exemption 84-24 (PTEs). This extension follows public comment […]