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Final ERISA Regulations on Annuity Selection for Defined Contribution Plans (PDF)
Eversheds Sutherland via Lexology; registration required
[Guidance Overview] Oct. 9, 2008 2 pages. Excerpt: The final regulations take effect on December 8, 2008. DOL simultaneously finalized its amendment of Interpretive Bulletin 95-1 ... limiting the applicability of the so-called 'safest available annuity' rule to defined benefit plans effective as of the same date. (Interim guidance published in September 2007 provided the same result effective November 13, 2007.) MORE >> |
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