{"description":"Documents matching 'require retirement plans provide paper'","count":4213,"total_pages":50,"next_page_url":"https://www.federalregister.gov/api/v1/documents?conditions%5Bterm%5D=require+retirement+plans+provide+paper&format=json&page=2","results":[{"title":"Requirement To Provide Paper Statements in Certain Cases-Amendments to Electronic Disclosure Safe Harbors","type":"Proposed Rule","abstract":"The Department of Labor (Department) is proposing narrow amendments to two separate electronic disclosure safe harbors for purposes of implementing section 338 of the SECURE 2.0 Act of 2022 (SECURE 2.0). Taken together, the two existing safe harbors permit the broad use of electronic disclosure under prescribed conditions for the furnishing of required disclosures under Title I of the Employee Retirement Income Security Act of 1974 (ERISA). Section 338 of SECURE 2.0 amended section 105(a)(2) of ERISA to require retirement plans to provide paper benefit statements in certain cases. Section 338 also instructed the Department to update its electronic disclosure safe harbors in connection with the statutory changes. The proposed amendments would implement these Congressional mandates.","document_number":"2026-03723","html_url":"https://www.federalregister.gov/documents/2026/02/25/2026-03723/requirement-to-provide-paper-statements-in-certain-cases-amendments-to-electronic-disclosure-safe","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-02-25/pdf/2026-03723.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-03723.pdf?1771940709","publication_date":"2026-02-25","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"excerpts":"contribution plans” and “defined benefit plans” refer to plans that are not one-participant retirement plans. Accordingly, participant-directed defined contribution plans that satisfy one of the Department's two safe harbors may provide three (of the required four) pension benefit statements electronically during the year. Additionally, the first exception in new subparagraph (E) of section 105(a)(2) of ERISA exempts plans from the paper requirement if the plan uses the 2002 safe harbor. The second exception exempts plans from the paper requirement"},{"title":"Proposed Exemption Involving the Abiomed Retirement Savings Plan Located in Danvers, MA","type":"Notice","abstract":"This document provides a notice of proposed exemption that, if granted, would permit the Abiomed Retirement Savings Plan (the Plan) to acquire and hold certain \"contingent value rights\" (CVRs) and to receive certain payments in connection therewith. Absent an exemption, these transactions would violate the prohibited transaction provisions of the Employee Retirement Income Security Act of 1974 (ERISA) and/or the Internal Revenue Code of 1986 (the Code).","document_number":"2026-11063","html_url":"https://www.federalregister.gov/documents/2026/06/03/2026-11063/proposed-exemption-involving-the-abiomed-retirement-savings-plan-located-in-danvers-ma","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-06-03/pdf/2026-11063.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-11063.pdf?1780404313","publication_date":"2026-06-03","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"excerpts":"Offer. \n (f) The Plan did not pay any fees or commissions in connection with its acquisition and holding of the CVRs, and its receipt of cash payments in connection therewith. \n (g) Plan participants have the same rights with respect to the CVRs allocated to their accounts under the Plan as unrelated CVR holders have with respect to CVRs not held under the Plan. \n (h) Plan participants receive payment of all amounts due under the terms of the CVRs. (i) The terms of the Plan's acquisition and holding of the CVRs, and the Plan's receipt of cash payments"},{"title":"Removal of Interpretive Bulletins Relating to the Employee Retirement Income Security Act of 1974","type":"Rule","abstract":"This DFR removes from the Code of Federal Regulations prospectively certain interpretive bulletins under the Employee Retirement Income Security Act of 1974 that the Department of Labor (DOL) believes are obsolete. The obsolete interpretive bulletins were published shortly after ERISA's enactment in 1974 to provide compliance assistance for employee benefit plans, plan sponsors and fiduciaries. Because of subsequent guidance issued by the DOL, and the effect of Reorganization Plan No. 4 of 1978, the DOL believes the interpretive bulletins are no longer needed, and if left on the books, add potential confusion and unnecessary complexity. Removing obsolete regulations eliminates the burden on the public of having to determine whether they need to comply with the regulations. This action is being taken pursuant to Executive Order 14192, titled Unleashing Prosperity Through Deregulation (90 FR 9065, Feb. 6, 2025). This action improves the daily lives of the American people by reducing unnecessary, burdensome, and costly Federal regulations.","document_number":"2025-11613","html_url":"https://www.federalregister.gov/documents/2025/07/01/2025-11613/removal-of-interpretive-bulletins-relating-to-the-employee-retirement-income-security-act-of-1974","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-07-01/pdf/2025-11613.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-11613.pdf?1751287512","publication_date":"2025-07-01","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"excerpts":"Code of Federal Regulations prospectively certain interpretive bulletins under the Employee Retirement Income Security Act of 1974 that the Department of Labor (DOL) believes are obsolete. The obsolete interpretive bulletins were published shortly after ERISA's enactment in 1974 to provide compliance assistance for employee benefit plans, plan sponsors and fiduciaries. Because of subsequent guidance issued by the DOL, and the effect of Reorganization Plan No. 4 of 1978, the DOL believes the interpretive bulletins are no longer needed, and if left"},{"title":"Required Minimum Distributions+","type":"Proposed Rule","abstract":"This document sets forth proposed regulations that would provide guidance relating to required minimum distributions from qualified plans; section 403(b) annuity contracts, custodial accounts, and retirement income accounts; individual retirement accounts and annuities; and eligible deferred compensation plans under section 457. These proposed regulations would affect administrators of, and participants in, those plans; owners of individual retirement accounts and annuities; employees for whom amounts are contributed to section 403(b) annuity contracts, custodial accounts, or retirement income accounts; and beneficiaries of those plans, contracts, accounts, and annuities. This document also provides notice of a public hearing.","document_number":"2024-14543","html_url":"https://www.federalregister.gov/documents/2024/07/19/2024-14543/required-minimum-distributions","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-07-19/pdf/2024-14543.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-14543.pdf?1721306712","publication_date":"2024-07-19","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"excerpts":"that would provide guidance relating to required minimum distributions from qualified plans; section 403(b) annuity contracts, custodial accounts, and retirement income accounts; individual retirement accounts and annuities; and eligible deferred compensation plans under section 457. These proposed regulations would affect administrators of, and participants in, those plans; owners of individual retirement accounts and annuities; employees for whom amounts are contributed to section 403(b) annuity contracts, custodial accounts, or retirement income"},{"title":"Pooled Employer Plans: Big Plans for Small Businesses","type":"Proposed Rule","abstract":"This document contains limited interpretive guidance to help small employers select high-quality, low-cost \"pooled employer plans\" or \"PEPs.\" This document also solicits information about prevailing pooled employer plan market practices. The Department will consider the responses as part of a process aimed at developing a potential regulatory safe harbor or safe harbors that comprehensively encourage market participants to offer and employers to join such plans. These efforts, taken pursuant to President Trump's January 20, 2025, Memorandum titled \"Delivering Emergency Price Relief for American Families and Defeating the Cost-of-Living Crisis,\" are designed to reduce investment costs for workers saving for their retirement, thereby improving their lives. These efforts also will help small employers provide more attractive benefits to potential hires, drawing discouraged workers into the labor force.","document_number":"2025-14281","html_url":"https://www.federalregister.gov/documents/2025/07/29/2025-14281/pooled-employer-plans-big-plans-for-small-businesses","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-07-29/pdf/2025-14281.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-14281.pdf?1753706714","publication_date":"2025-07-29","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"excerpts":"of ERISA provides that the terms of the plan must require the pooled plan provider to provide to employers in the plan any disclosures or other information that the Secretary of Labor (Secretary) may require, including any disclosures or other information to facilitate the selection or monitoring of the pooled plan provider by employers in the plan. This section also requires each employer in the plan to take any actions that the Secretary or pooled plan provider determines are necessary to administer the plan or to allow for the plan to meet the"},{"title":"Selection of Annuity Providers-Safe Harbor for Individual Account Plans","type":"Rule","abstract":"This direct final rule (DFR) removes 29 CFR 2550.404a-4 from the Code of Federal Regulations, which is a regulation published in 2008 that provides a fiduciary safe harbor for the selection of annuity providers for the purpose of benefit distributions from individual account retirement plans covered by title I of the Employee Retirement Income Act of 1974 (ERISA). The regulatory safe harbor became unnecessary in 2019 when Congress amended ERISA to add a more streamlined fiduciary safe harbor covering the same activity. Although the statutory safe harbor did not technically nullify or repeal the regulatory safe harbor, its existence offers an unnecessary and inefficient alternative and may inadvertently be a trap for the unwary. This action improves the daily lives of the American people by reducing unnecessary, burdensome, and costly Federal regulations.","document_number":"2025-11615","html_url":"https://www.federalregister.gov/documents/2025/07/01/2025-11615/selection-of-annuity-providers-safe-harbor-for-individual-account-plans","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-07-01/pdf/2025-11615.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-11615.pdf?1751287512","publication_date":"2025-07-01","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"excerpts":"Deregulation.\n 1 \n \n \n \n \n 1 \n 90 FR 9065 (Feb. 6, 2025).\n \n \n \n Individual account retirement plans such as 401(k) plans typically provide benefit distributions in the form of a lump sum payment. However, under certain circumstances, these plans are required to provide payments in the form of an annuity, and some plan sponsors offer an annuity as a matter of voluntary plan design.\n 2 \n \n For individual account retirement plans covered by title I of the Employee Retirement Income Security Act (ERISA) that offer an annuity, the selection of annuity provider"},{"title":"Proposed Submission of Information Collections for OMB Review; Comment Request; Multiemployer Plan Regulations","type":"Notice","abstract":"The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval, under the Paperwork Reduction Act, of collections of information in PBGC's regulations on multiemployer plans under the Employee Retirement Income Security Act of 1974 (ERISA). This notice informs the public of PBGC's intent and solicits public comment on the collections of information.","document_number":"2026-00289","html_url":"https://www.federalregister.gov/documents/2026/01/12/2026-00289/proposed-submission-of-information-collections-for-omb-review-comment-request-multiemployer-plan","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-01-12/pdf/2026-00289.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-00289.pdf?1767966307","publication_date":"2026-01-12","agencies":[{"raw_name":"PENSION BENEFIT GUARANTY CORPORATION","name":"Pension Benefit Guaranty Corporation","id":405,"url":"https://www.federalregister.gov/agencies/pension-benefit-guaranty-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/405","parent_id":null,"slug":"pension-benefit-guaranty-corporation"}],"excerpts":"multiemployer plan to adopt special rules for determining whether a withdrawal from the plan has occurred, subject to PBGC approval. \n \n The regulation specifies the information that a plan that adopts special rules must submit to PBGC about the rules, the plan, and the industry in which the plan operates. PBGC uses the information to determine whether the rules are appropriate for the industry in which the plan functions \n \n and do not pose a significant risk to the insurance system.\n \n PBGC estimates that over the next 3 years, at most one plan sponsor"},{"title":"Proposed Exemption From Certain Prohibited Transactions Involving Liberty Latin America 401(k) Savings Plan (the Plan or the Applicant) Located in Denver, CO","type":"Notice","abstract":"This proposed exemption would permit the Plan's acquisition, holding and sale of certain stock rights the Plan received from Liberty Latin America Ltd. in September 2020. Absent an exemption, these transactions would be prohibited by the Employee Retirement Income Security Act of 1974 (ERISA) and/or the Internal Revenue Code of 1986 (the Code).","document_number":"2025-21196","html_url":"https://www.federalregister.gov/documents/2025/11/26/2025-21196/proposed-exemption-from-certain-prohibited-transactions-involving-liberty-latin-america-401k-savings","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-11-26/pdf/2025-21196.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-21196.pdf?1764078329","publication_date":"2025-11-26","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"excerpts":"406(a)(1)(E) provides that a fiduciary with respect to a plan shall not cause the plan to engage in a transaction if they know or should know that such transaction constitutes the acquisition, on behalf of the plan, of any employer security in violation of ERISA section 407(a). ERISA section 406(a)(2) provides that a fiduciary of a plan shall not permit the plan to hold any employer security if they know or should know that holding such security violates ERISA section 407(a). \n \n 18. ERISA section 407(a)(1)(A) provides that a plan may not acquire"},{"title":"Proposed Exemption From Certain Prohibited Transactions Involving Liberty Puerto Rico 401(k) Savings Plan (the Plan or the Applicant) Located in San Juan, Puerto Rico","type":"Notice","abstract":"This proposed exemption would permit the Plan's prior acquisition, holding, and sale of certain stock rights to purchase shares of stock in Liberty Latin America Ltd. Absent an exemption, these transactions would be prohibited by the Employee Retirement Income Security Act of 1974 (ERISA) and/or the Internal Revenue Code of 1986 (the Code).","document_number":"2026-11065","html_url":"https://www.federalregister.gov/documents/2026/06/03/2026-11065/proposed-exemption-from-certain-prohibited-transactions-involving-liberty-puerto-rico-401k-savings","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-06-03/pdf/2026-11065.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-11065.pdf?1780404313","publication_date":"2026-06-03","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"excerpts":"with respect to a plan shall not cause the plan to engage in a transaction if they know or should know that such transaction constitutes the acquisition, on behalf of the plan, of any employer security in violation of ERISA section 407(a). ERISA section 406(a)(2) provides that a fiduciary of a plan shall not permit the plan to hold any employer security if they know or should know that holding such security violates ERISA section 407(a). \n 17. ERISA section 407(a)(1)(A) provides that a plan may not acquire or hold any “employer security” which is"},{"title":"Fiduciary Duties in Selecting Designated Investment Alternatives","type":"Proposed Rule","abstract":"This document contains a proposed regulation that clarifies, and provides a safe harbor for, a fiduciary's duty of prudence under the Employee Retirement Income Security Act of 1974 (ERISA) in connection with selecting designated investment alternatives for a participant-directed individual account plan, including asset allocation funds that include alternative assets. This proposal implements section 3(c) of President Trump's Executive Order 14330, Democratizing Access to Alternative Assets for 401(k) Investors.","document_number":"2026-06178","html_url":"https://www.federalregister.gov/documents/2026/03/31/2026-06178/fiduciary-duties-in-selecting-designated-investment-alternatives","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-03-31/pdf/2026-06178.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-06178.pdf?1774901707","publication_date":"2026-03-31","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"excerpts":"still applies, meaning that a plan fiduciary has broad discretion to consider how to reduce volatility in plan investments when participants are most likely to need their benefits for retirement. Indeed, target date funds, which most defined contribution plans offer,\n 13 \n \n explicitly attempt to manage volatility as participants near the age when they will need to draw down their money in retirement.\n \n \n \n 13 \n In 2022, EBSA analysis of BrightScope data for audited retirement plans found 91 percent of 401(k) plans offered at least one TDF.\n \n"},{"title":"Proposed Exemption for Certain Prohibited Transactions Involving Hawai'i Pacific Health and Its Subsidiary, Straub Clinic & Hospital Located in Honolulu, Hawaii","type":"Notice","abstract":"The Department of Labor (the Department) is considering granting an exemption that would permit the Hawai[revaps]i Pacific Health Retirement Plan (the Plan) to sell a parcel of improved real property (the Property) to Straub Clinic & Hospital (Straub) for at least the greater of $16,247,000 or 10% over the Appraised Value of the Property as of the date of the sale (the Sale). As discussed in the Summary of Facts and Representations section below, absent an exemption, the Sale would be prohibited by the Employee Retirement Income Security Act of 1974 (ERISA) and/or the Internal Revenue Code of 1986 (the Code).","document_number":"2025-21195","html_url":"https://www.federalregister.gov/documents/2025/11/26/2025-21195/proposed-exemption-for-certain-prohibited-transactions-involving-hawaii-pacific-health-and-its","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-11-26/pdf/2025-21195.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-21195.pdf?1764078329","publication_date":"2025-11-26","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"excerpts":"greater of a property's Fair Market Value or its Investment Value, as determined by the QIA. \n \n (b) “Plan” means the Hawai'i Pacific Health Retirement Plan, a defined benefit plan that provides retirement benefits to Hawai'i Pacific Health \n \n employees and the employees of Straub Clinic & Hospital. Hawai'i Pacific Health appointed the Hawaii Pacific Health Retirement Plan Finance Committee (the Committee) to serve as the Plan's named fiduciary and plan administrator.\n \n (c) “Investment Value” means the value of a property to a particular investor"},{"title":"Automatic Enrollment Requirements Under Section 414A","type":"Proposed Rule","abstract":"This document sets forth proposed regulations that would provide guidance with respect to the automatic enrollment requirements that apply to certain retirement plans. The proposed regulations reflect statutory changes made by the SECURE 2.0 Act of 2022 requiring that certain cash or deferred arrangements and salary reduction agreements be eligible automatic contribution arrangements that satisfy additional specified requirements. The proposed regulations would affect participants in, beneficiaries of, employers maintaining, and administrators of certain retirement plans that include cash or deferred arrangements or annuity contracts purchased under salary reduction agreements and other retirement plans that include eligible automatic contribution arrangements. This document also provides notice of a public hearing.","document_number":"2025-00501","html_url":"https://www.federalregister.gov/documents/2025/01/14/2025-00501/automatic-enrollment-requirements-under-section-414a","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-01-14/pdf/2025-00501.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-00501.pdf?1736516735","publication_date":"2025-01-14","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"excerpts":"that participate in the ongoing plan. \n Q&A A-4 of Notice 2024-2 provides that if a plan that includes a qualified CODA is spun off from a plan that includes a pre-enactment qualified CODA, the qualified CODA included in the new spun-off plan generally is also treated as being a pre-enactment qualified CODA. However, if the plan from which the new plan was spun off was a plan maintained by more than one employer that was established before December 29, 2022, then the qualified CODA included in the spun-off plan is treated as a pre-enactment qualified"},{"title":"Privacy Act of 1974; System of Records","type":"Notice","abstract":"RRB-22, Railroad Retirement, Survivor, and Pensioner Benefit System is used to manage records related to railroad retirement, survivor, and pensioner benefits.","document_number":"2025-22048","html_url":"https://www.federalregister.gov/documents/2025/12/05/2025-22048/privacy-act-of-1974-system-of-records","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-12-05/pdf/2025-22048.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-22048.pdf?1764855923","publication_date":"2025-12-05","agencies":[{"raw_name":"RAILROAD RETIREMENT BOARD","name":"Railroad Retirement Board","id":444,"url":"https://www.federalregister.gov/agencies/railroad-retirement-board","json_url":"https://www.federalregister.gov/api/v1/agencies/444","parent_id":null,"slug":"railroad-retirement-board"}],"excerpts":"\n \n \n SYSTEM NAME AND NUMBER: \n RRB-22, Railroad Retirement, Survivor, and Pensioner Benefit System. \n SECURITY CLASSIFICATION: \n \n Unclassified.\n \n \n SYSTEM LOCATION: \n U.S. Railroad Retirement Board, 844 North Rush Street, Chicago, Illinois 60611-1275. \n SYSTEM MANAGER(S): \n Office of Programs—Director of Policy and Systems, U.S. Railroad Retirement Board, 844 North Rush Street, Chicago, Illinois 60611-1275. \n AUTHORITY FOR MAINTENANCE OF THE SYSTEM: \n Section 7(b)(6) of the Railroad Retirement Act of 1974 (U.S.C. 231f(b)(6)). \n PURPOSE(S) OF"},{"title":"Proposed Submission of Information Collections for OMB Review; Comment Request; Multiemployer Plan Regulations","type":"Notice","abstract":"The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval, under the Paperwork Reduction Act of collections of information in PBGC's regulations on multiemployer plans under the Employee Retirement Income Security Act of 1974 (ERISA). This notice informs the public of PBGC's intent and solicits public comment on the collections of information.","document_number":"2025-03756","html_url":"https://www.federalregister.gov/documents/2025/03/10/2025-03756/proposed-submission-of-information-collections-for-omb-review-comment-request-multiemployer-plan","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-03-10/pdf/2025-03756.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-03756.pdf?1741355114","publication_date":"2025-03-10","agencies":[{"raw_name":"PENSION BENEFIT GUARANTY CORPORATION","name":"Pension Benefit Guaranty Corporation","id":405,"url":"https://www.federalregister.gov/agencies/pension-benefit-guaranty-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/405","parent_id":null,"slug":"pension-benefit-guaranty-corporation"}],"excerpts":"than $1,750 or to pay nonvested plan benefits to determine whether such payments should be permitted. \n The regulation also requires plans terminated by mass withdrawal, plans terminated by plan amendment that are expected to become insolvent, and insolvent plans under part 4245 receiving financial assistance from PBGC (whether terminated or not terminated) to file with PBGC withdrawal liability information and actuarial valuations or, for smaller plans receiving financial assistance where the present value of the plan's nonforfeitable benefits is $50"},{"title":"Proposed Exemption for Certain Prohibited Transactions Involving the International Union of Operating Engineers Local Union 627 Training Fund of Oklahoma (the Plan or the Applicant) Located in Oklahoma City, OK","type":"Notice","abstract":"This proposed exemption would permit certain loans from the International Union of Operating Engineers Local Union 627 (Local 627) to the Plan, so the Plan can purchase heavy machinery to fulfill its mission. As described below, absent an exemption, the loans would violate certain prohibited transaction provisions of the Employee Retirement Income Security Act of 1974 (ERISA).","document_number":"2025-17391","html_url":"https://www.federalregister.gov/documents/2025/09/10/2025-17391/proposed-exemption-for-certain-prohibited-transactions-involving-the-international-union-of","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-09-10/pdf/2025-17391.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-17391.pdf?1757421915","publication_date":"2025-09-10","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"excerpts":"be terminated by a majority vote of the Plan's Trustees after paying off all outstanding Loans between the Plan and Local 627, unless the Plan is prudently required to terminate the Loan Program immediately, which termination may be made by majority vote of the Employer Trustees only. Unless the Employer Trustees immediately terminate the \n \n Loan Program, the Plan will provide Local 627 with 90 days' advance written notice of the Plan's intent to cease the Loan Program and Local 627 must provide the Plan with 180 days' advance written notice of"},{"title":"Retirement Security Rule: Definition of an Investment Advice Fiduciary","type":"Rule","abstract":"The Department of Labor (Department) is adopting a final rule defining when a person renders \"investment advice for a fee or other compensation, direct or indirect\" with respect to any moneys or other property of an employee benefit plan, for purposes of the definition of a \"fiduciary\" in the Employee Retirement Income Security Act of 1974 (Title I of ERISA or the Act). The final rule also applies for purposes of Title II of ERISA to the definition of a fiduciary of a plan defined in Internal Revenue Code (Code), including an individual retirement account or other plan identified in the Code. The Department also is publishing elsewhere in this issue of the Federal Register amendments to Prohibited Transaction Exemption 2020-02 (Improving Investment Advice for Workers & Retirees) and to several other existing administrative exemptions from the prohibited transaction rules applicable to fiduciaries under Title I and Title II of ERISA.","document_number":"2024-08065","html_url":"https://www.federalregister.gov/documents/2024/04/25/2024-08065/retirement-security-rule-definition-of-an-investment-advice-fiduciary","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-04-25/pdf/2024-08065.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-08065.pdf?1713962724","publication_date":"2024-04-25","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"excerpts":"investment expertise). In 1975, individual retirement accounts had only recently been created (by ERISA itself), and 401(k) plans did not yet exist.\n 15 \n \n Retirement assets were principally held in pension funds controlled by large employers or other large plan sponsors and professional money managers. Now, IRAs and plans providing for participant-directed investments, such as 401(k) plans, have become more common retirement vehicles as opposed to traditional pension plans, and rollovers of workplace retirement plan assets to IRAs are commonplace. Individuals"},{"title":"Management of Federal Agency Disbursements","type":"Proposed Rule","abstract":"Executive Order (E.O.) 14247, Modernizing Payments To and From America's Bank Account, directs the Secretary of the Treasury to cease issuing paper checks for all Federal disbursements to the extent permitted by law and to review and, as appropriate, revise procedures for granting limited exceptions where electronic payment methods are not feasible. In accordance with the E.O., the Department of the Treasury (Treasury), Bureau of the Fiscal Service (\"Fiscal Service\" or \"we\"), is proposing to amend its regulation that sets forth the limited circumstances under which paper check disbursements may be made by federal agencies.","document_number":"2026-08278","html_url":"https://www.federalregister.gov/documents/2026/04/29/2026-08278/management-of-federal-agency-disbursements","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-04-29/pdf/2026-08278.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-08278.pdf?1777380311","publication_date":"2026-04-29","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Fiscal Service","name":"Fiscal Service","id":585,"url":"https://www.federalregister.gov/agencies/fiscal-service","json_url":"https://www.federalregister.gov/api/v1/agencies/585","parent_id":497,"slug":"fiscal-service"}],"excerpts":"to replace the second sentence of § 208.9(a), which states that “Treasury may require agencies to provide information about their progress in converting payments to electronic funds transfer,” with the following sentence: “Treasury may require an agency to report on the agency's compliance with this part in a manner and timeframe prescribed by Treasury.” Additionally, we propose to add a new sentence stating that the reporting Treasury may require an agency to provide may include information regarding the agency's efforts to enroll check recipients"},{"title":"Proposed Collection; Comment Request Relating to New Technologies in Retirement Plans","type":"Notice","abstract":"The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning new technologies in retirement plans.","document_number":"2023-26448","html_url":"https://www.federalregister.gov/documents/2023/12/01/2023-26448/proposed-collection-comment-request-relating-to-new-technologies-in-retirement-plans","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2023-12-01/pdf/2023-26448.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-26448.pdf?1701352022","publication_date":"2023-12-01","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"excerpts":"INFORMATION: \n \n \n Title: \n New Technologies in Retirement Plans.\n \n \n OMB Number: \n 1545-1632.\n \n \n Regulation Project Numbers: \n TD 8873, TD 9294, and REG-114666-22.\n \n \n Abstract: \n Treasury Regulations section 1.402(f)-1 require that plan administrators and employers provide recipients of certain distributions from qualified retirement plans timely written explanations of certain provisions. This regulation provides that if a full written paper explanation was previously given, a written paper or electronic summary of the explanation may be"},{"title":"Catch-Up Contributions","type":"Proposed Rule","abstract":"This document sets forth proposed regulations that would provide guidance for retirement plans that permit participants who have attained age 50 to make additional elective deferrals that are catch-up contributions. The proposed regulations reflect statutory changes made by the SECURE 2.0 Act of 2022, including the requirement that catch-up contributions made by certain catch-up eligible participants must be designated Roth contributions. The proposed regulations would affect participants in, beneficiaries of, employers maintaining, and administrators of certain retirement plans. This document also provides notice of a public hearing.","document_number":"2025-00350","html_url":"https://www.federalregister.gov/documents/2025/01/13/2025-00350/catch-up-contributions","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-01-13/pdf/2025-00350.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-00350.pdf?1736516724","publication_date":"2025-01-13","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"excerpts":"participant for such year that are made without regard to section 414(v). Section 414(v)(2)(B)(i) provides the applicable dollar catch-up limit for an applicable employer plan other than a plan described in section 401(k)(11) (SIMPLE 401(k) plan) or a SIMPLE IRA plan. Section 414(v)(2)(B)(ii) provides the applicable dollar catch-up limit for a SIMPLE 401(k) plan or a SIMPLE IRA plan (collectively referred to as SIMPLE plans). Section 414(v)(2)(C) provides that the applicable dollar catch-up limits under section 414(v)(2)(B)(i) and (ii) are subject to"},{"title":"Transparency in Coverage","type":"Proposed Rule","abstract":"These proposed rules set forth proposed requirements that would amend the regulations under the Public Health Service Act, the Employee Retirement Income Security Act of 1974, and the Internal Revenue Code regarding price transparency reporting requirements for non-grandfathered group health plans and health insurance issuers offering non-grandfathered group and individual health insurance coverage. Specifically, these proposed rules would improve the standardization, accuracy, and accessibility of public pricing disclosures in line with the goals of the Executive Order 14221. With respect to the in-network rate and out-of-network allowed amount machine-readable files, these proposed rules would achieve these goals by adding new contextual files and additional data elements like product type, network name, and enrollment counts; changing the reporting level for aggregation of data; removing in-network rates for unlikely provider-to-service mappings; increasing the reporting period and lowering the claims threshold for out-of-network historical data; and reducing the reporting cadence. These proposed rules would also improve the findability of all of the publicly disclosed machine- readable files required under the Transparency in Coverage rules, including the prescription drug file, by requiring a text file and footer with website URLs and contact information for the files. These proposed rules would also require pricing information that is made available through an online consumer tool and paper (upon request), to also be made available by phone, and establish that the satisfaction of such requirement also satisfies the requirements of section 114 of the No Surprises Act (including for grandfathered group health plans and health insurance issuers offering grandfathered group and individual health insurance coverage that are not otherwise subject to these proposed rules).","document_number":"2025-23693","html_url":"https://www.federalregister.gov/documents/2025/12/23/2025-23693/transparency-in-coverage","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-12-23/pdf/2025-23693.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-23693.pdf?1766178909","publication_date":"2025-12-23","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"},{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"},{"raw_name":"DEPARTMENT OF HEALTH AND HUMAN SERVICES","name":"Health and Human Services Department","id":221,"url":"https://www.federalregister.gov/agencies/health-and-human-services-department","json_url":"https://www.federalregister.gov/api/v1/agencies/221","parent_id":null,"slug":"health-and-human-services-department"}],"excerpts":" and section 719 of ERISA, which require plans and issuers to: offer price comparison guidance by telephone and make available on the internet website of the plan or issuer a price comparison tool that (to the extent practicable) allows an individual enrolled under such plan or coverage, with respect to such plan year, such geographic region, and participating providers with respect to such plan or coverage, to compare the amount of cost sharing that the individual would be responsible for paying under such plan or coverage with respect to the furnishing"}]}