In a unanimous decision that should serve as a wakeup call to those administrating employee retirement plans, the Supreme Court just reaffirmed and highlighted the ongoing duty of ERISA plan fiduciaries to monitor investment...more
1/26/2022
/ 401k ,
403(b) Plans ,
Breach of Duty ,
Defined Contribution Plans ,
Dismissals ,
Duty of Prudence ,
Employee Retirement Income Security Act (ERISA) ,
Excessive Fees ,
Fiduciary Duty ,
Hughes v. Northwestern University ,
Plan Participants ,
Remand ,
Retirement Plan ,
Retirement Plan Providers ,
Tibble v Edison Int ,
Vacated
The Consolidated Appropriation Act of 2021 was signed into law on December 27, 2020 and is an impressive 5,593 pages. According to the Senate Historical Office, the Act is the longest bill ever passed by Congress. Buried...more
3/5/2021
/ Addiction Equity Act ,
Benefit Plan Sponsors ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Department of Health and Human Services (HHS) ,
Department of Labor (DOL) ,
Dependent Care ,
Disclosure Requirements ,
Employee Benefits ,
Employer Group Health Plans ,
Flexible Spending Accounts ,
Fringe Benefits ,
Gag Clauses ,
Grace Period ,
Health Insurance ,
Health Plan Sponsors ,
IRS ,
Mental Health ,
Mental Health Parity Rule ,
Multiemployer Plan ,
NQTLs ,
Pensions ,
Prescription Drug Coverage ,
Relief Measures ,
Reporting Requirements ,
Retirement Plan ,
Student Loans ,
Substance Abuse
The Department of Labor (DOL) recently issued proposed regulations updating the safe harbor for the electronic delivery of employee benefit plan notifications for plans subject to the Employee Retirement Income Security Act...more
12/6/2019
/ Comment Period ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Electronic Disclosure ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Proposed Rules ,
Public Comment ,
Retirement Plan ,
Rulemaking Process ,
Safe Harbors
The Internal Revenue Service recently amended its Employee Plans Compliance Resolution System (EPCRS) to allow more retirement plan qualification failures to be self-corrected, including retroactive plan amendments. This is...more
This list of frequently asked questions was originally prepared by the law firm of Fisher Phillips in 2005, in response to Hurricanes Katrina, Rita and Wilma. It has been updated several times over the course of the past 12...more
9/8/2017
/ COBRA ,
Department of Homeland Security (DHS) ,
Disaster Preparedness ,
Donations ,
Emergency Response ,
Employer Group Health Plans ,
Family and Medical Leave Act (FMLA) ,
Form I-9 ,
Hardship Distributions ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Hiring & Firing ,
Hurricane Harvey ,
Hurricane Irma ,
Hurricane Season ,
Labor Relations ,
Military Leave ,
Natural Disasters ,
Plant Closures ,
Popular ,
Retirement Plan ,
Severe Weather ,
Unemployment Benefits ,
Wage and Hour ,
WARN Act ,
Workers' Compensation Claim ,
Workplace Hazards ,
Workplace Safety
Now that some of the dust has settled on the U.S. Supreme Court’s decision in U.S. v. Windsor, employers who haven’t done so already should take immediate steps to review their retirement plan documents and administrative...more