William Sweeney

Polsinelli

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Latest Posts › Employee Retirement Income Security Act (ERISA)

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Sixth Circuit Holds TPAs Do Not Get a Free Pass from ERISA’s Fiduciary Duties

In a decision about ERISA’s fiduciary duties and transparency, the Sixth Circuit in Tiara Yachts, Inc. v. Blue Cross Blue Shield of Michigan held that Blue Cross Blue Shield of Michigan (BCBSM), a third-party administrator...more

6/23/2025 / Breach of Contract , Contract Disputes , Contract Terms , Employee Benefits , Employee Retirement Income Security Act (ERISA) , Fiduciary Duty , Insurance Claims , Insurance Litigation , Third-Party Service Provider , TPAs

DOL Rescinds 2022 Guidance Concerning Cryptocurrency Investments in 401(k) Plans

On May 28, 2025, the Department of Labor (DOL) rescinded its 2022 guidance that cautioned retirement plan fiduciaries to exercise “extreme care” in permitting cryptocurrency and other digital asset investments in retirement...more

6/16/2025 / Cryptocurrency , Department of Labor (DOL) , Digital Assets , Employee Benefits , Employee Retirement Income Security Act (ERISA) , Fiduciary Duty , Financial Services Industry , Investment Management , Regulatory Reform , Retirement Plan

New Guidance Issued On Same-Sex Marriage Impact On Benefit Plans

The Internal Revenue Service ("IRS"), the Employee Benefits Security Administration ("EBSA") and the Department of Labor ("DOL") have recently provided new guidance with respect to how lawfully married same-sex spouses will...more

11/22/2013 / Department of Labor (DOL) , DOMA , EBSA , Employee Retirement Income Security Act (ERISA) , Family and Medical Leave Act (FMLA) , IRS , Same-Sex Marriage , SCOTUS , US v Windsor

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