ERISA Advisory Council Recommends New DOL ERISA Bond Guidance
In a November 6, 2018 ERISA Advisory Council report, the Council recommended the Department of Labor (DOL) issue new ERISA fidelity bond guidance after evaluating current DOL regulations and guidance. In the report to Secretary of Labor…
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How Much ERISA Fidelity Bond Coverage Do I Need?
Every person who “handles funds or property” of an employee benefit plan must be covered by an ERISA Fidelity Bond unless they fall under an ERISA Act exemption. But exactly how much fidelity bond coverage…
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