Which agencies oversee ERISA regulations?

The correct answer identifies that the agencies overseeing ERISA regulations are the IRS, the Department of Labor (DOL), and the Pension Benefit Guaranty Corporation (PBGC).

ERISA, or the Employee Retirement Income Security Act, is a federal law that sets minimum standards for pension plans in private industry and provides protection for individuals in these plans. Each of these agencies plays a crucial role in the implementation and enforcement of ERISA regulations.

The IRS is responsible for overseeing the tax aspects associated with pension and benefit plans, ensuring that tax-qualified plans meet specific standards under the Internal Revenue Code. The DOL regulates the administration of retirement and health benefit plans, ensuring transparency and compliance with plan requirements, including fiduciary standards. The PBGC provides insurance for defined benefit plans and safeguards retirement benefits, stepping in to protect participants in cases where plans fail.

The other options do not correctly represent the agency oversight for ERISA regulations. The presence of agencies like the FDA, SEC, or the Department of Justice in those options does not directly relate to the administration or regulation of employee benefit plans under ERISA, which is specifically focused on retirement and health plans in the private sector.