DOL Issues Interim Rule on Employee 401K Values

The Department of Labor’s Employee Benefits Security Administration (EBSA) this week issued an interim final rule increasing the level of long-term transparency available to employees to assess their retirement income. Specifically, the rule implements part of the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019) that amended ERISA by requiring a…

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DC Council Blesses LLC Disclosure Law

By a unanimous vote during the week before Christmas, the city council for the District of Columbia has sent an omnibus reform package that contains dictates relating all DC LLCs to Mayor Muriel Bowser for her signature. The measure, technically known as the Department of Consumer and Regulatory Affairs Omnibus Amendment Act of 2018, will…

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LLCs In The DC Crosshairs

Efforts at government overreach continue unabated in the Nation’s Capital with city council member Elissa Silverman pushing legislation to force LLCs to identify and hold responsible all partners in real estate limited liability companies. Currently, the Real Estate LLC Transparency Amendment Act of 2018, which was co-sponsored by 5 other DC Council members, targets only…

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