From 15 rounds of votes for House speaker, to swift actions in response to the banking sector turmoil, to the debt ceiling talks ahead of the default deadline, there wasn’t a dull moment in Washington during the first half of 2023.
In all this, retirement continues to buzz in Washington as regulators unpack the SECURE 2.0 legislation, and politicians find issue with the Department of Labor (DOL) rule that addresses the ability to consider ESG factors in evaluating investments.
The Buzz from Washington highlights some of the more significant retirement-related legislative and regulatory activities that could have an impact on workers, plan sponsors and their providers. We hope this is a helpful resource as you consider plan design, plan administration, and investment strategies for your plan or clients.*
*Note: These materials do not purport to provide any legal, tax or accounting advice. You should consult with your attorney, accountant, and/or tax professional for advice concerning your particular situation.