The Federal Trade Commission (“FTC”) recently issued a Final Rule (the “FTC Rule”) that, unless invalidated by the courts, will soon prohibit most non-compete provisions. In its current form, the FTC Rule will cover not...more
On Tuesday, April 23, 2024, the Department of Labor (the “DOL”) issued final regulations regarding investment fiduciary obligations and the definition of an “Investment Advice Fiduciary” (the “Final Regulations”) under the...more
History of 401(k) Plan Excessive Fee Cases. Once the Department of Labor’s participant fee disclosure rules for retirement plans became effective in 2012, the plaintiffs’ bar latched onto recordkeeping and investment fees...more
2/19/2024
/ 401k ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
ERISA Litigation ,
Excessive Fees ,
Health Plan Sponsors ,
Pharmacy Benefit Manager (PBM) ,
Prescription Drugs ,
Recordkeeping Requirements ,
Retirement Plan
Effective: January 1, 2024 The IRS has released the 2024 cost-of-living adjustments applicable to the dollar limitations on benefits and contributions of retirement plans and health and welfare benefit plans. We recommend...more
On Friday, the Internal Revenue Service (“IRS”) released Notice 2023-62 (the “Notice”) providing welcome relief to plan sponsors with respect to the new SECURE 2.0 requirement that all catch-up contributions made by...more
Join SGR’s Labor & Employment group for the latest on navigating Human Resources in 2023.
Topics Include:
- Health & Welfare
- Immigration
- OSHA
- ADA & FMLA
- Non-Compete Agreements
- New Legislation
- Wage...more
5/10/2023
/ Americans with Disabilities Act (ADA) ,
Continuing Legal Education ,
Employee Benefits ,
Employment Contract ,
Events ,
Family and Medical Leave Act (FMLA) ,
Foreign Workers ,
Health and Welfare Plans ,
Hiring & Firing ,
Human Resources Professionals ,
Immigration Procedures ,
New Legislation ,
Non-Compete Agreements ,
OSHA ,
Wage and Hour ,
Workplace Safety
Join SGR’s Labor & Employment group for the latest on navigating Human Resources in 2023.
Topics Include:
- Health & Welfare
- Immigration
- OSHA
- ADA & FMLA
- Non-Compete Agreements
- New Legislation
- Wage...more
5/10/2023
/ Americans with Disabilities Act (ADA) ,
Continuing Legal Education ,
Employee Benefits ,
Employment Contract ,
Events ,
Family and Medical Leave Act (FMLA) ,
Foreign Workers ,
Health and Welfare Plans ,
Hiring & Firing ,
Human Resources Professionals ,
Immigration Procedures ,
New Legislation ,
Non-Compete Agreements ,
OSHA ,
Wage and Hour ,
Workplace Safety
Group health plans are now required to submit an annual attestation confirming that the agreements the plan enters into with its service providers do not contain “gag clauses,” which are limitations regarding the plan’s...more
On January 30, 2023, the Biden Administration announced its plan to end the COVID-19 public health and national emergency declarations on May 11, 2023, more than three years after the declarations initially took effect. ...more
In the final days of 2022, after months of back and forth, Congress adopted a myriad of law changes for qualified retirement plans, collectively known as the SECURE 2.0 Act of 2022 (“SECURE 2.0”). SECURE 2.0 builds on the...more
The IRS has released the 2023 cost-of-living adjustments applicable to the dollar limitations on benefits and contributions of retirement plans and health and welfare benefit plans. As a result of the increase in inflation,...more
On January 10, 2022, the Departments of Labor, Health and Human Services, and the Treasury (collectively, the “Departments”) issued guidance requiring employer-sponsored group health plans to cover the cost of...more
The IRS announced today, June 24, 2021, in Notice 2021-40, that it was extending, through June 30, 2022, the temporary relief from the physical presence requirement that is usually necessary for participant elections to be...more
Today (June 17, 2021), the U.S. Supreme Court rejected a challenge to the Affordable Care Act (“ACA”) on procedural grounds, ducking the larger constitutionality question and leaving in place the broad provisions of the law,...more
The Department of Labor (DOL) recently issued EBSA Disaster Relief Notice 2021-01 (the “Notice”), which provides guidance on expiration of the COVID-19 extended participant deadlines.
The COVID-19 extended participant...more