Trump DOL Restores Prior 401(k) Test After Biden Rule Axed (1)

The US Department of Labor said it is effectively restoring a 1975 five-part test for determining retirement account ...
JD Supra

Revisiting Independent Contractor Classification: What the DOL’s 2026 Proposed Rule Means for Businesses

Wage and Hour Division (“WHD”) issued a Notice of Proposed Rulemaking (“2026 Proposed Rule”) that would again revise the ...
PLANADVISER

DOL Reverts to 5-Part Fiduciary Status Test

The Department of Labor will revert to its previous five-part test for determining fiduciary status following final judgments ...
JD Supra

DOL Proposes New Independent Contractor Rule to Replace Biden-Era Regulation

On February 26, 2026, the US Department of Labor announced a proposed rule to rescind and replace the Biden Administration’s ...
National Law Review

The Regulatory Pendulum of Independent Contractors: Does the New DOL Test Grant More Independents?

As the Department of Labor’s (DOL) composition ebbs and flows from administration to administration, so does the guidance employers receive on one of the most challenging questions in workforce ...
National Law Review

DOL Publishes Proposed Rule to Rescind the 2024 Biden-Era Independent Contractor Test

On 26 February 2026, the US Department of Labor (DOL) published a proposed rule (Proposed Rule) that would again modify the ...
Financial Planning

DOL moves to undo stricter independence test for brokers

The definition of an "independent contractor" — long a political ping-pong ball — could bounce back in brokerage firms' direction under a new federal proposal put forward this week. Processing Content ...