DOL Pooled Provider Plan Rule Sent to White House for Review

The Labor Department’s pooled plan provider rule has gone to the White House for final review, the last substantial step before it can be published in the Federal Register and take effect.

The rule is one of four major proposals released this summer by the DOL’s Employee Benefits Security Administration that the Trump administration is rushing to finalize by the end of the year.

The Registration Requirements for Pooled Plan Providers rule [RIN: 1210-AB94] would give small- and medium-sized businesses the opportunity to join together in a retirement plan so long as they register with the Labor Department. ...