Do the QDIA regs apply to governmental plans? Thanks.

I will answer you this way.

1. The QDIA regs. offer an OPTIONAL safe harbor relief from the ERISA rules of fiduciary responsibility in the case of default investments. ERISA plans do not need to comply with the QDIA regs.

2. Therefore, these regs. have absolutely no relevance in the case of a plan not subject to ERISA, which would include what presumably you have in mind when you say "governmental plans."