On November 22, 2019, the U.S. Court of Appeals for the First Circuit (the “First Circuit”) reversed the 2016 decision of the U.S. District Court for the District of Massachusetts (the “District Court”) in Sun Capital...more
On December 20, 2019, the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”) was signed into law. The SECURE Act implements new rules for creating and maintaining retirement plans. Plan...more
1/27/2020
/ 401k ,
Compensation & Benefits ,
Employee Benefits ,
Employer Contributions ,
Health and Welfare Plans ,
IRS ,
Multiemployer Plan ,
New Legislation ,
Retirement ,
Retirement Plan ,
Safe Harbors ,
SECURE Act
On October 22, 2019, the U.S. Department of Labor (DOL) announced proposed regulations that would allow disclosures for retirement plans to be posted online. The proposal aims to make retirement plan disclosures more...more
“Exit Contribution” an End-Run Around de minimis Withdrawal Liability -
A recent ruling from the U.S. Court of Appeals for the Fourth Circuit, Sheet Metal Workers’ National Pension Fund v. Four-C-Aire, Inc. (4th Cir. July...more
9/28/2019
/ Appeals ,
Collective Bargaining Agreements (CBA) ,
Compensation & Benefits ,
De Minimis Claims ,
Deferred Compensation ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Filing Deadlines ,
Health and Welfare Plans ,
Multiemployer Plan ,
Notice Requirements ,
Qualified Retirement Plans ,
Withdrawal Liability
The IRS recently updated its two model safe harbor explanations that can be used to satisfy the requirement under Section 402(f) to provide notices setting forth certain information to participants who are eligible for...more
10/1/2018
/ 401k ,
457(b) Plans ,
Compensation & Benefits ,
Distribution Rules ,
Employee Benefits ,
IRA Rollovers ,
IRS ,
Private Letter Rulings ,
Qualified Retirement Plans ,
Retirement Plan ,
Rollover Equity ,
Safe Harbors ,
Student Loans ,
Tax Cuts and Jobs Act ,
Tax Reform ,
Taxation