Labor Regulators Face Congressional Priorities Under SECURE 2.0

The Labor Department’s federal employee benefits regulator is rushing to create a plan for how to address nearly two dozen SECURE 2.0 Act provisions that will require agency guidance or rulemaking.

The sweeping workplace retirement access law Congress passed in December will require DOL’s Employee Benefits Security Administration to amend ongoing regulatory projects and create the nation’s first lost-and-found database to connect participants and retirees with the benefits they’re owed.

“Congress handed me what I can call a gift or a very large to-do list,” said Assistant Secretary for Employee Benefits Lisa M. Gomez Tuesday during an American Bar Association ...