Regulacje i polityka gospodarcza · 07/10/2008

Selection of Annuity Providers-Safe Harbor for Individual Account Plans

The U.S. Department of Labor has released a final regulation that provides a safe harbor for selecting annuity providers for individual account plans under the Employee Retirement Income Security Act (ERISA). This affects plan sponsors, fiduciaries, and participants of such plans, as well as a related rule limiting the application of an interpretive bulletin to defined benefit plans.