In November 2023, the U.S. Department of Labor (DOL) released a new proposed regulation changing the definition of fiduciary “investment advice” under Title I of ERISA and Section 4975 of the Code. ...more
Much has been written about the Supreme Court’s decision in Dobbs v. Jackson to overturn the constitutional right to abortion. For employers in particular, the Dobbs decision raised a number of questions about employee...more
11/16/2022
/ Abortion ,
Affordable Care Act ,
Dobbs v. Jackson Women’s Health Organization ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Employment Policies ,
Equal Employment Opportunity Commission (EEOC) ,
Health Insurance ,
IRS ,
MHPAEA ,
Mileage Reimbursement ,
Preemption ,
Reproductive Healthcare Issues ,
Year-End Planning
When markets are unpredictable, employers may be required to make business decisions that can have unanticipated effects on their retirement and health and welfare benefit plans. Employers should keep the following...more
10/13/2022
/ Benefit Plan Sponsors ,
COBRA ,
Economic Downturn ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Contributions ,
Furloughs ,
Hardship Distributions ,
Internal Revenue Code (IRC) ,
Layoffs ,
Leave of Absence ,
Retirement Plan
On July 26, 2022, the U.S. Department of Labor (the “Department”) issued a proposal to amend prohibited transaction class exemption 84-14 (the “QPAM Exemption”) under ERISA. The QPAM Exemption currently allows a plan’s...more