Under the current administration, the Department of Labor has once again changed course on its view of permissible investing strategies for retirement plans, warming to crypto and private equity, and confirming their distrust...more
7/21/2025
/ 401k ,
403(b) Plans ,
Collective Investment Schemes ,
Compensation & Benefits ,
Cryptocurrency ,
Department of Labor (DOL) ,
Digital Assets ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
Financial Markets ,
Investment ,
Private Equity ,
Regulatory Reform ,
Retirement Plan ,
Trump Administration
Since September 2023, there have been at least 25 lawsuits filed claiming the ability to choose between using 401(k) forfeitures to reduce plan expenses or the plan sponsor’s contributions is a fiduciary choice, and that...more
Seyfarth Synopsis: It’s here for your post-Thanksgiving turkey hangover reading pleasure! The Department of Treasury and IRS released on Friday (in the middle of most people’s long holiday weekend) their proposed rules for...more
11/29/2023
/ 401k ,
Eligibility Determination ,
Employee Benefits ,
Employees ,
Internal Revenue Code (IRC) ,
IRS ,
Part-Time Employees ,
Proposed Rules ,
Retirement Plan ,
Safe Harbors ,
SECURE Act ,
U.S. Treasury
Seyfarth Synopsis: The SECURE Act, passed just before the onset of the COVID-19 pandemic at the end of 2019, significantly altered the retirement plan landscape. For a reminder on how the SECURE Act changed the retirement...more
Seyfarth Synopsis: In keeping with their recent more vocal stance on fiduciary duties, the Department of Labor has weighed in on the wisdom of 401(k) plans including an ESG fund or a crypto investment option in its line-up....more