{"id":551,"date":"2024-05-15T13:42:01","date_gmt":"2024-05-15T13:42:01","guid":{"rendered":"https:\/\/pbspay.com\/news\/?p=551"},"modified":"2024-05-15T13:42:40","modified_gmt":"2024-05-15T13:42:40","slug":"proposed-regulation-on-retirement-plans-and-automatic-portability-transactions","status":"publish","type":"post","link":"https:\/\/pbspay.com\/news\/2024\/05\/15\/proposed-regulation-on-retirement-plans-and-automatic-portability-transactions\/","title":{"rendered":"Proposed Regulation on Retirement Plans and Automatic Portability Transactions"},"content":{"rendered":"\n

The Department of Labor (DOL) released proposed regulations on January 18, 2024\u00a0regarding automatic portability transactions for retirement plans when employees change jobs. If these regulations are implemented, they could simplify the process of managing existing retirement plan accounts with a benefit value of $7,000 or less upon job termination. This is great news for employees, as it would make it easier for them to keep track of their retirement plan accounts with a benefit value of $7,000 or less upon job termination.

Click\u00a0here<\/mark><\/a>\u00a0to learn more.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

The Department of Labor (DOL) released proposed regulations on January 18, 2024\u00a0regarding automatic portability transactions for retirement plans when employees change jobs. If these regulations are implemented, they could simplify the process of managing existing retirement plan accounts with a benefit value of $7,000 or less upon job termination. This is great news for employees, […]<\/p>\n","protected":false},"author":3,"featured_media":552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pbs"],"yoast_head":"\nProposed Regulation on Retirement Plans and Automatic Portability Transactions - Payroll & Benefits Solutions Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pbspay.com\/news\/2024\/05\/15\/proposed-regulation-on-retirement-plans-and-automatic-portability-transactions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proposed Regulation on Retirement Plans and Automatic Portability Transactions\" \/>\n<meta property=\"og:description\" content=\"The Department of Labor (DOL) released proposed regulations on January 18, 2024\u00a0regarding automatic portability transactions for retirement plans when employees change jobs. If these regulations are implemented, they could simplify the process of managing existing retirement plan accounts with a benefit value of $7,000 or less upon job termination. 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