Employee Benefits Security Administration

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Employee Benefits Security Administration

An agency under the U.S. Department of Labor responsible for enforcing the Employee Retirement Income Security Act. Specifically, EBSA enforces a number of regulations designed to ensure that employers and other involved parties do not misuse the funds entrusted to them in retirement accounts. Among other provisions, EBSA requires retirement account managers to provide information to account holders on a regular basis. It also enforces standards for managers' use of discretionary authority. Until 2003, EBSA was known as the Pension and Welfare Benefits Administration, and before 1986 it was the Pension and Welfare Benefits Program.
References in periodicals archive ?
Chairman and CEO of ProVise Management Group LLC, former chair of the Board of Directors of CFP Board and former FPA Board Director, stated in testimony at a hearing today held by the Employee Benefits Security Administration of the U.
This seventh edition discusses current developments such as the Patient Protection and Affordable Care Act of 2010, proposed regulations issued by the Employee Benefits Security Administration, recent Supreme Court decisions, and IRS rulings.
2 letter to the Office of Regulations and Interpretations of the Employee Benefits Security Administration, AI and others contend the proposal would likely increase costs substantially for benefit plans needing real estate-related services without providing any material corresponding benefit.
html, or call the Employee Benefits Security Administration at 866444-3272).
The "Insider's Guide to DOL Audits," published by Aspen, is a loose-leaf reference targeted to legal and related professionals involved with private employee benefit plans that are subject to audit by the Employee Benefits Security Administration of the Department of Labor.
One of the hot topics at the Employee Benefits Security Administration (EBSA) of the Department of Labor is the timely remittance of participant contributions.
The Employee Benefits Security Administration (EBSA) is enhancing its programs aimed at assessing and improving the quality of employee benefit plan audits.
Vanguard announced today that Ann Combs, former Assistant Secretary of Labor and head of the Employee Benefits Security Administration (EBSA) from 2001 to 2006, will join the investment management firm next month.
From 2006 to 2009, he served as the Assistant Secretary of Labor for Employee Benefits, the head of the Employee Benefits Security Administration (EBSA).
html or contact the Employee Benefits Security Administration toll-free at 866-444-3272.
File an application with the Employee Benefits Security Administration (EBSA) (the successor to the PWBA) that includes documentation showing evidence of corrected financial transactions.