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DOL Requests Assistance in Drafting of ERISA Safe Harbor Regs for Automatic Rollovers
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] 
[Official Guidance] Jan. 7, 2003
EGTRRA directs the DOL to develop regulations that provide safe harbors relating to the automatic rollovers of certain mandatory tax-qualified plan distributions to IRAs. The designation of an institution and the investment of funds by a plan administrator to receive automatic rollovers would be deemed to satisfy the fiduciary requirements of section 404(a) of ERISA. This document requests information from the public on issues relating to the development of the regulations.
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