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Benefit Plan Sponsors › Banking Sector

Goodwin

The Department of Labor Finalizes Changes to the QPAM Exemption - A Favored Management Tool Gets Less User-Friendly

Goodwin on

On April 3, 2024, the Department of Labor (DOL) published final changes to Prohibited Transaction Class Exemption 84-14, commonly known as the “QPAM Exemption”. The changes make reliance on the QPAM Exemption more burdensome...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

If it ain’t broken, don’t fix it and other complacent Plan Sponsor excuses

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on

One of the most annoying phrases out there is: “if it ain’t broken, don’t fix it”. I have disliked it for more than 20 years after seeing a student government political candidates use it back at Stony Brook. Through...more

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