The U.S. Department of Labor’s Employee Benefits Security Administration and the IRS recently issued the following coordinated guidance providing additional relief to employee benefit plan sponsors, fiduciaries, participants,...more
On December 19, 2016, the Department of Labor (“DOL”) issued final rules that significantly expand the existing claims procedures applicable to ERISA-covered benefit plans that provide disability or other benefits conditioned...more
A Department of Labor (“DOL”) official recently disclosed a new DOL investigation initiative focusing on the adequacy of defined benefit plan procedures to locate and pay out benefits to terminated vested participants. The...more
3/22/2016
/ Benefit Plan Sponsors ,
Breach of Duty ,
Corporate Counsel ,
Defined Contribution Plans ,
Department of Labor (DOL) ,
Duty of Prudence ,
Fiduciary Duty ,
Forfeiture ,
IRS ,
Plan Participants ,
Popular ,
Recordkeeping Requirements ,
Vested Benefits