Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
On December 9, 2025, the IRS issued Notice 2026-05, which provides guidance on the HSA provisions in the One Big Beautiful Bill Act (“OBBB”). The Notice provides much-anticipated guidance right before many of these provisions...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
On December 2, President Trump announced that a wealthy benefactor had committed to contribute $6.25 billion to seed certain Trump accounts, a new form of IRA for children under age 18. Trump accounts were codified under...more
12/9/2025
/ Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Internal Revenue Code (IRC) ,
IRS ,
New Guidance ,
One Big Beautiful Bill Act ,
Pilot Programs ,
Reporting Requirements ,
Retirement Plan ,
Trump Administration ,
U.S. Treasury
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
The federal government has largely been “shut down” since continuing appropriations expired at midnight on September 30. The shutdown is already the second longest in history, and Congress has made very little progress...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
10/22/2025
/ Affordable Care Act ,
Employee Benefits ,
Federal Funding ,
Government Shutdown ,
Health Insurance ,
Health Savings Accounts ,
Healthcare Reform ,
Legislative Agendas ,
Medicaid ,
Pharmacy Benefit Manager (PBM) ,
Retirement Plan ,
Tax Credits ,
Trump Administration
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
10/22/2025
/ Continuing Resolution ,
Department of Labor (DOL) ,
Employee Benefits ,
Federal Funding ,
Furloughs ,
Government Agencies ,
Government Shutdown ,
Health Insurance ,
IRS ,
Medicaid ,
One Big Beautiful Bill Act ,
Retirement Plan ,
Securities and Exchange Commission (SEC) ,
Trump Administration
On September 16, 2025, the United States Court of Appeals for the Third Circuit in In re Yellow Corp., No. 25-1421: (i) upheld regulations issued by the Pension Benefit Guaranty Corporation (“PBGC”) that partially exclude...more
10/22/2025
/ Administrative Procedure Act ,
American Rescue Plan Act of 2021 ,
Commercial Bankruptcy ,
Defined Benefit Plans ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
ERISA Litigation ,
Financial Assistance Policies ,
Multiemployer Plan ,
PBGC ,
Statutory Authority ,
Statutory Interpretation ,
Withdrawal Liability
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
10/6/2025
/ Appropriations Bill ,
Centers for Medicare & Medicaid Services (CMS) ,
Children's Health Insurance Program (CHIP) ,
Department of Health and Human Services (HHS) ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Federal Funding ,
Government Agencies ,
Government Shutdown ,
Health Insurance ,
Healthcare ,
Medicaid ,
Medicare ,
No Surprises Act (NSA) ,
Trump Administration ,
U.S. Treasury
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
9/22/2025
/ Affordable Care Act ,
Appropriations Bill ,
Federal Budget ,
Federal Funding ,
Government Shutdown ,
Health Insurance ,
Medicaid ,
Medicare ,
New Legislation ,
One Big Beautiful Bill Act ,
Telehealth
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
On July 4, President Trump signed into law the One Big Beautiful Bill Act (the “OBBB”). Below we outline the key provisions impacting plan sponsors related to their health and welfare plans. Many of these provisions are...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
6/23/2025
/ Budget Reconciliation ,
Employee Benefits ,
Health Insurance ,
Health Savings Accounts ,
HSA ,
Medicaid ,
Proposed Legislation ,
Retirement Plan ,
Senate Committees ,
State and Local Government ,
Tax Incentives ,
Tax Legislation
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
6/17/2025
/ Budget Reconciliation ,
Byrd Amendment ,
Employee Retention ,
Health Insurance ,
Inflation Reduction Act (IRA) ,
Medicaid ,
One Big Beautiful Bill Act ,
Proposed Legislation ,
SALT ,
Senate Finance Committee ,
Tax Credits ,
Tax Incentives
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more