Employee Benefits Security Administration

November 25, 1997

Amendment of ERISA Plan Asset Rules Provides Guidance for Simple Plans Involving IRAs

Archived News Release — Caution: Information may be out of date.

Contact Name: Sharon Morrissey
Phone Number: 202.219.8921

The U.S. Department of Labor has issued a final rule governing the timing of deposits by employers of participant contributions to Savings Incentive Match Plans for Employees (SIMPLE plans) involving Individual Retirement Accounts (IRAs).

November 24, 1997

EBSA Press Release: Department of Labor Promotes Retirement Savings Through SAVER Act [11/24/1997]

Archived News Release — Caution: Information may be out of date.

For more information call: 202/219-8211

President Bill Clinton has signed into law the Savings Are Vital to Everyone Retirement Act of 1997, known as the "SAVER Act." The SAVER Act will promote awareness of the importance of retirement savings through a series of outreach programs to be spearheaded by the U.S. Department of Labor.

November 24, 1997

Amendment of ERISA Plan Asset Rules Provides Guidance for Simple Plans Involving IRAs

EBSA Press Release: Department of Labor Promotes Retirement Savings Through SAVER Act [11/24/1997]

For more information call: 202/219-8211

EBSA Press Release: Department of Labor Promotes Retirement Savings Through SAVER Act [11/24/1997]

EBSA Press Release: Labor Secretary Alexis Herman Calls for Hearings on 401(K) Fees [11/10/1997]

EBSA Press Release: Labor Secretary Alexis M. Herman Stresses the Importance of Retirement Savings [10/28/1997]

EBSA Press Release: ERISA Advisory Council to Hold Public Meetings in November [10/23/1997]

EBSA Press Release: Labor Department Reopens Nomination Period for Employee Benefits Advisory Council [10/17/1997]

EBSA Press Release: Labor Department Seeks Public Comment on 401(k) Plan Fees at November Hearing [10/16/1997]

EBSA Press Release: Labor Department Extends Nomination Period For Employee Benefits Advisory Council [10/01/1997]

EBSA Press Release: ERISA Advisory Council To Hold Public Meetings In October [09/25/1997]

Labor Department Settles Lawsuit Against California Company Over Unpaid Health Claims

EBSA Press Release: Labor Department Requests Information On Notice Provisions Of Cobra Coverage [09/23/1997]

Philadelphia Plan Trustee is Sentenced to Six Months for Embezzlement

Laborer's Fund Administrator Pleads Guilty to Pension Fraud

EBSA Press Release: ERISA Advisory Council to Hold Public Meetings in September [08/22/1997]

EBSA Press Release: Pension Agency Names Director of Enforcement [08/19/1997]

EBSA Press Release: New Law Eliminates Certain Employee Benefit Plan Filing Requirements [08/08/1997]

EBSA Press Release: Labor Department Exemption Saves Employees Plans' Fees On Plan Investments [08/08/1997]

EBSA Press Release: U.S. Department of Labor to Fill Five Vacancies on ERISA Advisory Council [08/04/1997]

Ohio Trustees Ordered to Restore More than $100,000 to Profit Sharing Plan for Failure to Diversify Plan Assets