85 FR 82798 — Prohibited Transaction Exemption 2020-02, Improving Investment Advice for Workers & Retirees ERISAFinal Rules (FR)Dec 18, 2020★ strong match
…ns in a manner that aligns with the conduct standards of other regulators, such as the SEC.
Keeping FAB 2018-02 Similarly, the Department considered keeping FAB 2018-02 in effect without finalizing this exemption. However, the Department rejected this alternative, because FAB 2018-02 was intended to be a temporary poli…
80 FR 14301 — Fiduciary Requirements for Disclosure in Participant-Directed Individual Account Plans-Timing of Annual Disclosure ERISAFinal Rules (FR)Mar 19, 2015★ strong match
ion
4.
FAB 2012-02R supersedes FAB 2012-02 issued on May 7, 2012. Changes in the superseding bulletin did not affect Question 35.
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5. FAB 2013-02 also provided a one-time “re-set” opportunity under which EBSA, as an enforcement matter, would treat a plan administrator as satisfying the “at least annua…
82 FR 56545 — 18-Month Extension of Transition Period and Delay of Applicability Dates; Best Interest Contract Exemption (PTE 2016-01); Class Exemption for Principal Transac… ERISAFinal Rules (FR)Nov 29, 2017★ strong match
…ack to Citation
36.
See, e.g., Comment Letter #28 (Empower Retirement) (“The relief offered under FAB 2017-02 was conditioned on fiduciaries working diligently and in good faith to comply with the fiduciary rule and exemptions. The DOL should make clear that this does not require continuing implementation efforts tha…
85 FR 40834 — Improving Investment Advice for Workers & Retirees ERISAProposed Rules (FR)Proposed Jul 7, 2020★ strong match
…ble to Retirement Investors without any interruption.
( printed page 40851) As described above, the FAB announced a temporary enforcement policy that would apply until the issuance of further guidance. Its designation as “temporary” communicated its nature as a transitional measure following the vacatur of the Departme…
FAB 2025-02 — ERISA’s Annual Funding Notice Requirements Following SECURE 2.0 ERISADOL Field Assistance BulletinsApr 30, 2025★ strong match
… only applies to multiemployer plans. Q4: Prior to the effective date of section 343 of SECURE 2.0, FAB 2023-01 provided guidance (including model language) regarding compliance with the annual funding notice requirements of section 101(f) of ERISA for multiemployer pension plans that received (or are eligible to apply…
85 FR 31884 — Default Electronic Disclosure by Employee Pension Benefit Plans Under ERISA ERISAFinal Rules (FR)May 27, 2020★ strong match
guidance. Specifically, the relevant documents are FAB 2006-03, FAB 2008-03 (Q&A 7), and Technical Release 2011-03R (Dec. 8, 2011) (TR 2011-03R).[68] The Department issued FAB 2006-03 to help plan administrators comply with amendments to ERISA's pension benefit statement requirements made by the Pension Protection Act…
75 FR 2068 — Definition of “Plan Assets”-Participant Contributions ERISAFinal Rules (FR)Jan 14, 2010★ strong match
…al income and security the plan and plan participants would realize from a faster system. Thus, the FAB describes the Department's view that, in determining when participant contributions can reasonably be segregated from the general assets of any given contributing employer to a multiemployer defined contribution plan…
79 FR 49469 — Request for Information Regarding Standards for Brokerage Windows in Participant-Directed Individual Account Plans ERISAProposed Rules (FR)Proposed Aug 21, 2014★ strong match
…Citation
4.
29 CFR 2550.404a-5(c)(3)(ii)(A).
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5.
http://www.dol.gov/ebsa/regs/fab2012-2R.html.
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6. The original version of the FAB, which was rescinded and replaced by FAB 2012-02R, included Question 30, which some viewed as raising the possibility that plan fiduciaries could be r…
85 FR 81658 — Fiduciary Duties Regarding Proxy Voting and Shareholder Rights ERISAFinal Rules (FR)Dec 16, 2020★ strong match
…n Investments.
4. Interpretive Bulletin 2016-01 (IB 2016-01) and Field Assistance Bulletin 2018-01 (FAB 2018-01) The final rule also withdraws IB 2016-01 and removes it from the Code of Federal Regulations. Accordingly, as of publication of the final rule, IB 2016-01 may no longer be relied upon as reflecting the Depar…
87 FR 73822 — Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights ERISAFinal Rules (FR)Dec 1, 2022★ strong match
… FR 61734 (Oct. 17, 2008).
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21.
80 FR 65135 (Oct. 26, 2015).
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22.
FAB 2018-01 (Apr. 23, 2018).
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23.
Id.
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24.
Id.
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25.
FAB 2018-01.
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26.
Letter to Helmuth Fandl, Chairman of the Retirement Board, Avon Products, Inc. 1…
ERISADOL Technical ReleasesSep 13, 2011★ strong match
…20.104b-1(c)(2)(ii). On December 20, 2006, the Department issued Field Assistance Bulletin 2006-03 (FAB 2006-03) to provide general guidance regarding good faith compliance with the changes made to the pension benefit statement provisions of section 105 of ERISA by section 508(a) of the Pension Protection Act of 2006.(…
80 FR 5626 — Annual Funding Notice for Defined Benefit Plans ERISAFinal Rules (FR)Feb 2, 2015★ strong match
…eginning after December 31, 2007.
In 2009, the Department issued Field Assistance Bulletin 2009-01 (FAB 2009-01) to provide interim guidance to plan administrators in discharging their obligations under the new annual funding notice requirements. FAB 2009-01 addresses a number of issues under section 101(f) of ERISA an…
84 FR 56894 — Default Electronic Disclosure by Employee Pension Benefit Plans Under ERISA ERISAProposed Rules (FR)Proposed Oct 23, 2019★ strong match
…arbor at § 2520.104b-1(c), it would, if adopted as a final rule, supersede the relevant portions of FAB 2006-03 (Dec 20, 2006), FAB 2008-03 (Q&A 7) (April 29, 2008), and Technical Release 2011-03R (Dec. 8, 2011).
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61.
E.O. 13847 (emphasis added).
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62.
86 FR 57272 — Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights ERISAProposed Rules (FR)Proposed Oct 14, 2021★ strong match
… FR 61734 (Oct. 17, 2008).
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11.
80 FR 65135 (Oct. 26, 2015).
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12.
FAB 2018-01.
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13.
Id.
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14.
Id.
Back to Citation
15.
29 CFR 2550.404c-5.
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16.
FAB 2018-01.
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17.
Letter to Helmuth Fandl, Chairman of the Retirement Bo…
ERISADOL Technical ReleasesSep 13, 2013★ strong match
… is limited by Code §125(i) to $2,500 (indexed annually for plan years beginning after December 31, 2013). See IRS Notice 2012-40, 2012-26 IRB 1046, for more information about the application of the limitation.
89 FR 32122 — Retirement Security Rule: Definition of an Investment Advice Fiduciary ERISAFinal Rules (FR)Apr 25, 2024★ strong match
…ry Enforcement Policy on Prohibited Transactions Rules Applicable to Investment Advice Fiduciaries (FAB 2018-02).[55] FAB 2018-02 announced that, pending further guidance, the Department would not pursue prohibited transaction claims against fiduciaries who were working diligently and in good faith to comply with the I…
ERISADOL Technical ReleasesDec 8, 2011★ strong match
…20.104b-1(c)(2)(ii). On December 20, 2006, the Department issued Field Assistance Bulletin 2006-03 (FAB 2006-03) to provide general guidance regarding good faith compliance with the changes made to the pension benefit statement provisions of section 105 of ERISA by section 508(a) of the Pension Protection Act of 2006.(…
FAB 2026-02 — Temporary Enforcement Policy Regarding Pension Benefit Statements Pursuant to ERISA § 105(a)(2)(E) ERISADOL Field Assistance BulletinsDec 31, 2025★ strong match
…/researchers/statistics/retirement-bulletins/private-pensionplan-bulletins- abs
tract-2023.pdf .
13 FAB 2006-03 (Dec. 20, 2006).
3
To address these concerns, the Department has established a temporary enforcement
po
licy. As such, until after the Department issues a final regulation or other applicable
administrative g…
ERISAFinal Rules (FR)May 17, 2024★ strong match
…le interpretation of section 404 of ERISA with respect to matters not specifically addressed in the FAB. The Department is continuing that temporary enforcement policy under these interim final rules. As described below in its general request for comments in Section F, the Department requests comment on whether the PBG…
80 FR 72006 — Savings Arrangements Established by States for Non-Governmental Employees ERISAProposed Rules (FR)Proposed Nov 18, 2015
…he participant's right to opt out of the automatic contributions.”). DOL Field Assistance Bulletin (FAB) 2004-1 stated that an employer could open a health savings account (HSA) and deposit employer funds into it without the employee's affirmative consent so long as, among other things, the arrangement was “completely …