Browsing: Federal Guidance

The U.S. Department of Labor announced today that its Employee Benefits Security Administration released a proposed regulation on automatic portability transactions under SECURE 2.0 Act of 2022. The goal of automatic portability transactions is to help workers keep track of their retirement savings accounts and improve retirement security by reducing cash-outs when they change jobs.

The DOL has posted new information about the Mental Health Parity & Addiction Equity Act, including the proposed rule, a technical release, a news release, a report to Congress, and an enforcement fact sheet.