U.S. Labor Department Announces New Rule for Distributions to Missing Non-Spouse Beneficiaries
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WASHINGTON, Feb. 14  /PRNewswire-USNewswire/ -- The U. S. Department of Labor (DOL) today announced an interim final rule requiring the distribution of 401(k) type benefits for missing non-spouse beneficiaries from terminated plans to be rolled into individual retirement accounts (IRAs).
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Ignoring the rules classifying employees can be a costly mistake for your business.
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U.S. companies will need to keep track of all the e-mails, instant messages and other electronic documents generated by their employees thanks to new federal rules that go into effect Friday, legal experts say.
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Employers and workers are confused by eligibility and Classification of the new regulations.
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International Business Machines Corp. has shut its cash-balance pension plan to new employees, CBSMarketwatch.com reports. Instead, new employees can contribute 6 percent of their
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Within the next few weeks, workers  are likely to find a little something extra in their paychecks.  No, sorry ... it's not money. Those fat envelopes will be  stuffed with the paperwork that goes with new benefit plans.
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Fidelity Investments yesterday unveiled new features for some of its 401(k) retirement plans, among the first of a wave of services expected from financial companies following a new pension law signed this month.
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Paychecks could surge or shrink for a few or for millions of workers across the country starting Monday, when sweeping changes to the nation's overtime pay rules take effect.
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Under a federal law that will take effect Thursday, the grace period between the time the check is written and when the money is debited from the account.
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Sens. Gordon Smith (R-Ore.) and Joseph I. Lieberman (D-Conn.) have introduced legislation that would permit unmarried federal employees to apply for health, dental and vision insurance, retirement and other benefits for their domestic partners.
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A U.S. labor panel ruling on Tuesday expanded the number of employees who can be considered supervisors -- a decision opponents said would strip millions of American workers of their rights to join a union.
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U.S. pension insurers on Wednesday  assumed control of underfunded retirement plans covering flight  attendants, machinists and other non-union workers at bankrupt  US Airways, the government said.
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Sweeping new rules aimed at prodding companies into shoring up their pension plans and ensuring that workers get the retirement benefits they've been promised are about to become law.
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Controversial new rules regarding overtime pay went into effect Monday, with the Bush administration and labor advocates squabbling over how many US workers are affected.
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The Motley Fool - In 2005, a little-known change in the tax law will let more people, primarily older and wealthier retirees, take advantage of moving funds from their traditional IRA to a Roth IRA.
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States will be issuing bonds to cover unfunded retiree obligations. When that happens, buy.
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The Treasury Department and Internal Revenue Service Monday gave some breathing room to companies that will be forced to restructure their executive pay plans to comply with new restrictions on deferred compensation that Congress enacted this fall.