DOL Retirement Proposal Draws Zero Comments

December 11, 2015 by Linda Koco

The Department of Labor has proposed a rule that is of interest to the retirement industry but, so far, no public comments appear in the comment section of the government website.

Issued by DOL’s Employee Benefits Security Administration (ESBA), the rule outlines a safe harbor that would allow states to run their own retirement savings plans for people who have no workplace savings options from certain private sector employers. The plans would be payroll-deducted, auto-enrolled individual retirement accounts (IRAs). Click HERE to view article

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Originally Posted at InsuranceNewsNet on December 11, 2015 by Linda Koco.