On January 24, 2022, the U.S. Supreme Court handed down an important decision affecting plan fiduciaries who select investment options available to participants in a self-directed employee retirement plan (such as a 401(k)...more
3/4/2022
/ 401k ,
Benefit Plan Sponsors ,
Duty of Prudence ,
Employee Retirement Income Security Act (ERISA) ,
Excessive Fees ,
Fees ,
Fiduciary Duty ,
Hughes v. Northwestern University ,
Human Resources Professionals ,
Plan Participants ,
Remand ,
Retirement Plan ,
Retirement Plan Providers ,
SCOTUS
The U.S. Department of Labor (DOL), Internal Revenue Service (IRS), and Department of Health and Human Services have issued a final rule extending a variety of deadlines that apply to group health plans and retirement plans...more
Why the IRS Acted Now -
In Notice 2020-29, the IRS announced welcome relief for employees participating in a group health plan (including medical, dental, and vision coverage), paired with an Internal Revenue Code Section...more
Under the best of circumstances, administering a 401(k) plan is a challenge for any plan sponsor. The Age of COVID-19 requires considering additional pressing issues along with the typical participant deferrals and fiduciary...more
Over the past several years, Congress has made certain changes to the rules that govern financial hardship withdrawals from 401(k) plans. A number of these changes override provisions in existing IRS regulations, and with...more
After a three-month delay, the Department of Labor’s new regulations governing claims procedures for disability benefits under ERISA plans will become effective on April 1, 2018. The delay was implemented to provide an...more
What to Do When the Government Comes Calling -
In today’s complex world of e-commerce and international competition, increasingly governmental agencies (both state and federal) are resorting to “dawn raids” (i.e.,...more
In this issue:
- Immigration and Customs Enforcement ("ICE")
- Antitrust and Compliance Programs
- Staffing Companies and their Clients
- Employment Law Update
- Impact of the Windsor...more
To make certain that 2013 will be as exciting as 2012, on January 2 the US Treasury issued proposed regulations under section 4980H of the Internal Revenue Code (“Code”), which was added to the Code by the Patient Protection...more
2/5/2013
/ Affordable Care Act ,
Department of Labor (DOL) ,
Full-Time Employees ,
Health Insurance Exchanges ,
IRS ,
Notice Requirements ,
Pay or Play ,
Penalties ,
Shared Responsibility Rule ,
Tax Penalties ,
U.S. Treasury
Ethics and Professionalism: How Do We Know?...more
8/29/2011
Is Your 403(b) Plan Covered by ERISA, Must it Be—and Does it Matter?
A Slight Twist in the 403(b) Plan Kaleidoscope Provides
Another Picture...more
8/29/2011