EBSA removes state payroll deduction IRA regulations

Under the Congressional Review Act, Congress has passed, and the President has signed, resolutions of disapproval of Savings Arrangements Established by States for Non-Governmental Employees and Savings Arrangements Established by Qualified State Political Subdivisions for Non-Governmental Employees, as codified in the Code of Federal Regulations. The Employee Benefits Security Administration (EBSA) published these final rules in 2016, effective October 31, 2016 and January 19, 2017, respectively. Because these resolutions invalidate these final rules, EBSA is removing these final rules from the Code of Federal Regulations. (82 FR 29,236, 29 CFR Part 2510 RIN 1210-AB76, June 28, 2017.)

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