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If you're an employee at the Labor Department's Employee Benefits Security Administration, you might be working some weekends in the foreseeable future.
From writing the supporting regulations necessary to implement the recently passed SECURE Act, to crafting a new fiduciary rule, regulators have a short timetable to implement rules, some of which will be extremely difficult to do, according to attorneys with Drinker Biddle.
|Labor previously passed on lifetime income disclosure requirement
One of SECURE's provisions requires the Labor Department to craft a model lifetime income disclosure for workplace retirement plans.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
