On April 3, 2025, the U.S. Department of Labor (DOL) issued important new guidance for employers that sponsor defined benefit (pension) plans. This guidance provides new model notices and addresses several outstanding...more
4/18/2025
/ Benefit Plan Sponsors ,
Defined Benefit Plans ,
Department of Labor (DOL) ,
Employee Benefits ,
Filing Deadlines ,
New Guidance ,
Notice Requirements ,
Pensions ,
Reporting Requirements ,
Retirement Plan ,
SECURE Act
As we approach the end of the year, employers have to handle a number of critical tasks to ensure compliance with various employee benefit plan requirements. The deadlines for (1) distributing annual notices, (2) amending...more
In times of economic uncertainty, employers who typically make 401(k) matching or profit-sharing contributions often choose to reduce or suspend those contributions to conserve cash and save jobs. Figuring out whether and...more
Fall is here, which means open enrollment is coming up and end-of-year deadlines are right around the corner. As we quickly approach the end of 2017 and the start of a new year, here are some deadlines that employers will...more
Some good news in the wake of Hurricane Matthew: participants in 401(k) and similar employer-sponsored retirement plans who have been adversely affected by Hurricane Matthew may be eligible to use their retirement savings to...more