Division of Labor Points Closing Regulation on Funding Recommendation Fiduciaries – Nexus Vista

On April 23, 2024, the Division of Labor (the “DOL”) issued a last regulation (the “Closing Rule”) that describes the circumstances beneath which an individual shall be thought-about a fiduciary for functions of the Worker Retirement Earnings Safety Act of 1974 (ERISA) and associated excise tax provisions of the Inner Income Code because of offering … Read more