In making plans for 2024, employers should consider their approach to one of the most challenging new rules of the SECURE 2.0 Act for most types of defined contributions plans, such as 401(k) plans....more
For the fourth year in a row, excessive fee lawsuits are the hottest trend in ERISA fiduciary litigation. The number of excessive fee suits filed against 401(k) plan fiduciaries skyrocketed in 2020 and has remained unusually...more
The SECURE 2.0 Act (the “Act”) was passed by Congress on Dec. 23 and signed into law by President Biden on Dec. 29, 2022. The Act is a sweeping piece of legislation that builds upon the 2019 SECURE Act (“Setting Every...more