View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
DOL/EBSA | RIN: 1210-AC18 | Publication ID: Spring 2023 |
Title: ●Emergency Savings Accounts Linked to Individual Account Plans | |
Abstract:
Section 127 of SECURE 2.0 Act of 2022 amended the Employee Retirement Income Security Act of 1974 by adding provisions that provide for emergency-savings accounts linked to individual account plans. The provisions also grant the Secretary authority to prescribe regulations that address reporting and disclosure requirements for pension-linked emergency savings accounts. This action will explore the need for regulatory or other guidance regarding implementation of the ERISA amendments in section 127 of SECURE 2.0 Act of 2022. The Department of Labor’s Employee Benefits Security Administration intends to start by consulting with stakeholders to explore areas where regulatory or other guidance would facilitate establishment of pension-linked emergency savings accounts. |
|
Agency: Department of Labor(DOL) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Prerule Stage |
Major: Undetermined | Unfunded Mandates: Undetermined |
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: SECURE 2.0 Act of 2022, sec. 127 29 U.S.C. 1102((45) ERISA sec. 3(45) 29 U.S.C. 1135 ERISA sec. 505 29 U.S.C. 1193b ERISA sec. 803 |
Legal Deadline:
None |
||||||
Timetable:
|
Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: Undetermined |
Federalism: Undetermined | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Jeffrey J. Turner Deputy Director, Office of Regulations and Interpretations Department of Labor Employee Benefits Security Administration Room N5669, 200 Constitution Avenue NW, FP Building, Room N-5655, Washington, DC 20210 Phone:202 693-8500 |