Baden Retirement Plan Services

QDIA issues - New DOL FAB information

According to a recent technical update from SunGard Relius, "The Department of Labor (DOL) has issued Field Assistance Bulletin (FAB) 2008-03 to respond to a number of questions practitioners have raised regarding the final regulations on qualified default investment alternatives (QDIAs) published in October 2007 and effective last December.  The DOL also issued minor modifications to the final QDIA regulations.  The FAB is in question and answer format, addressing 22 "most frequently asked" questions regarding the QDIA regulations."  Click on   "DOL FAB Addresses QDIA Issues" for highlights from FAB 2008-03.