Labour market · 15/07/2013

Department of Labor Extends Comment Period for Advance Notice of Proposed Rulemaking on Lifetime Income Illustrations for 401(k) and 403(b) Plans

The Department of Labor is extending the comment period for an advance notice of proposed rulemaking on lifetime income illustrations for defined contribution pension plans until August 7, 2013. The ANPRM seeks public input on specific language and concepts before a proposed regulation is finalized.