Rep. Ron Kind, D-Wis., and Rep. Dave Reichert, R-Wash.,...
Human Resources Journal
New DOL rule allows retirement plan administrators to provide investment advice
Under a new Department of Labor (“DOL”) rule, sponsors and fiduciaries of participant-directed retirement plans, such as 401(k)s and IRAs, may provide certain investment advice to plan participants. The rule applies to transactions occurring on or ...
Company Sued for Investing 401(k) Funds in Fraudulent Scheme