Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits-related case summaries. Below is a summary we thought you’d be interested in. Content provided by Morgan, Lewis & Bockius LLP. The U.S. District Court for the […]
Here in the benefits world, there doesn’t seem to be a slow year. The latest Talking Benefits podcast episode takes a look at the top benefits stories of the past year which has become our year-end tradition. Hear how the team did […]
Cybersecurity should be top of mind for retirement plan fiduciaries, not only because the risks of a data breach or fraud are on the rise but also because the Department of Labor (DOL) has begun auditing retirement plans with a focus on […]
When it comes to Department of Labor (DOL) retirement plan investigations, the best defense for plan fiduciaries is often a good offense—conducting a compliance self-review before DOL officials come knocking. That’s the contention made by attorneys Elizabeth S. Goldberg and William J. […]
On March 29, 2022, the House of Representatives passed the Securing a Strong Retirement Act of 2022 (HR 2954), otherwise known as SECURE Act 2.0, by a vote of 414-5. Secure Act 2.0 builds on the 2019 Setting Every Community Up for […]
Last week, we shared five reasons why cryptocurrencies can present serious risks to 401(k) fiduciaries and participants. Since then, there has been some confusion about fiduciary duties when it comes to a cryptocurrency option that is fully integrated into a plan’s core […]
On December 27, 2020, the Consolidated Appropriations Act (CAA) of 2021 was signed into law and included the No Surprises Act (the Act). With so much guidance already published addressing the Act, the Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) […]
The issue of what to do about lost or missing participants is a frustrating one for plan sponsors. These participants often have terminated participation in a plan because they took a new job. They may have even moved. Because these terminated participants […]
Last week, the DOL issued guidance for employers and employees on implementing the Families First Coronavirus Response Act (FFCRA). And it seems the DOL has been very busy, because the Families First Coronavirus Response Act: Questions and Answers continues to grow. Employers […]
