James Griffin

James Griffin

Jackson Walker

Contact  |  View Bio  |  RSS

Latest Publications

Share:

Section 409A, 457 IRS Proposed Regulations

Section 409A - On June 22, 2016 the Internal Revenue Service issued new proposed regulations on the income inclusion provisions of Section 409A. These regulations will be of interest to employers that have nonqualified...more

7/1/2016 - 457(b) Plans Deferred Compensation Employee Benefits Income Taxes Internal Revenue Code (IRC) IRS Section 409A Section 457(f) Tax Exempt Entities

About Pink Cadillacs and SECA Taxes

Peterson v. Commissioner is a case that only a tax person could enjoy. It is a new opinion from the 11th Circuit, decided on May 24, 2016. The court’s opinion is 87 pages long and includes a strong dissent on the majority’s...more

6/23/2016 - Deferred Compensation IRS Retirement Section 409A Self-Employment Tax Tax Court

Small Plan Faces Excessive Fee Challenge

On May 18, 2016, a lawsuit was filed in the Federal District Court in Minnesota alleging various claims arising out of investment and record keeping fees in an employer’s 401(K) plan. The plaintiffs are seeking for the case...more

6/22/2016 - 401k Class Action Employee Benefits Excessive Fees Retirement Plan Small Business

New IRS Enforcement Interpretation Takes Aim At Tax Status Of Certain Wellness Program Payments

Employers have plenty on their plates to think about on the subject of wellness plans these days. New EEOC regulations and new court decisions will keep employers on their toes in evaluating their current wellness plan...more

6/8/2016 - Cafeteria Plans Corporate Counsel Employer Group Health Plans IRS Medical Reimbursement Plans Wellness Programs

IRS Reduces Cost to Fix Some Missed Deferral Errors

The Internal Revenue Service has issued new guidelines that should be advantageous for employers that sponsor 401(k) and 403(b) plans. The new rules reduce and, in some cases, completely eliminate the windfall in favor of...more

8/13/2015 - 401k 403(b) Plans EEDF Employee Benefits IRS Mistake Tax Deferral

Supreme Court Upholds Obamacare Tax Subsidies

Yesterday the United States Supreme Court announced its decision upholding tax subsidies for individuals who obtain health coverage in a state that has a Federal Exchange. The Court's 6-3 opinion in King v. Burwell is here...more

6/26/2015 - Affordable Care Act Employer Mandates Health Insurance Health Insurance Exchanges Individual Mandate King v Burwell SCOTUS Subsidies Tax Credits

Supreme Court Vacates Ruling on Time-Barred ERISA Claims

In Tibble v. Edison Int’l1, the U.S. Supreme Court today vacated a Ninth Circuit ruling that Edison plan beneficiaries' ERISA (Employee Retirement Income Security Act) fiduciary claims against the company based on allegedly...more

5/20/2015 - Benefit Plan Sponsors Breach of Duty ERISA Fiduciary Duty Retirement Plan SCOTUS Tibble v Edison Int

Reasonable Fee Issues for Fiduciaries on the Horizon

The Supreme Court is poised to address whether fiduciaries' decisions—especially in using fee sharing arrangements—are subject to deference when challenged. The Eighth and Ninth Circuit courts recently decided these issues,...more

10/15/2014 - Abuse of Discretion Benefit Plan Sponsors Employee Benefits ERISA Fee-Sharing Fiduciary Duty Retirement Plan Revenue Sharing SCOTUS Self-Dealing Statute of Limitations

Supreme Court Strikes Down Presumption of Prudence to ESOP Fiduciaries

In Fifth Third Bancorp v. Dudenhoeffer,1 the U.S. Supreme Court yesterday held that ESOP (employee stock ownership plan) fiduciaries are not entitled to any special presumption of prudence and are subject to the same duty of...more

6/27/2014 - ERISA ESOP FIfth Third Bancorp v Dudenhoeffer Fifth Third Mortgage Company SCOTUS Stock Drop Litigation US Bancorp

10 Results
|
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×