The U.S. Department of Labor (DOL) indicated in court documents that it intends to begin new rulemaking to replace a previous rule that permitted 401(k) plan fiduciaries to consider environmental, social, and governance (ESG)...more
6/10/2025
/ 401k ,
Corporate Counsel ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
Fiduciary ,
Investment ,
Legal History ,
Proposed Rules ,
Retirement Plan ,
Rulemaking Process
In the past week, devastating wildfires in Los Angeles, California, have caused unprecedented destruction across the region, leading to loss of life and displacing tens of thousands. While still ongoing, the fires already...more
1/16/2025
/ 401k ,
California ,
Employee Benefits ,
Hardship Distributions ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Natural Disasters ,
Relief Measures ,
Retirement Plan ,
SECURE Act ,
Tax Liability ,
Tax Planning ,
Wildfires
The latest idea for attracting and retaining employees in this post-COVID-19–pandemic era of the Great Resignation and “quiet quitting” is one that was usually limited to professors in higher education: the sabbatical. ...more
12/6/2022
/ 401k ,
COBRA ,
Disability Insurance ,
Distribution Rules ,
Employee Benefits ,
Employee Incentive Plans ,
Employee Retention ,
Employer Group Health Plans ,
Internal Revenue Code (IRC) ,
Life Insurance ,
Sabbaticals ,
Wellness Programs
At the end of 2019, President Donald Trump signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which included a number of changes to employer-sponsored retirement plans. One change involved...more
As cash flow and decreased revenue concerns rise, many employers are looking for ways to cut costs. This article generally identifies the circumstances that allow a safe harbor 401(k) plan sponsor to suspend safe harbor...more