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Health and Welfare Plans Investment Management

Verrill

Monitoring the Activities of a Plan Fiduciary Committee: Recommendations to a Board of Directors

Verrill on

It is axiomatic that a person who has fiduciary responsibility with respect to an ERISA benefit plan must monitor the performance of any plan service provider or other person to whom it has delegated fiduciary duties on an...more

Seyfarth Shaw LLP

The Department of Labor’s Expanded Cybersecurity Guidance: What ERISA Plan Sponsors and Fiduciaries Need to Know

Seyfarth Shaw LLP on

On September 6, 2024, the U.S. Department of Labor (DOL) issued Compliance Assistance Release No. 2024-01, titled “Cybersecurity Guidance Update.” The updated guidance clarifies that the DOL cybersecurity guidance applies to...more

Schwabe, Williamson & Wyatt PC

IRS Releases Health Plan Contribution Limits for 2025 Plan Year

October 25, 2024 Of Counsel The IRS has recently released its inflation-adjusted contribution limits for certain tax-advantaged welfare accounts. Understanding these new limits will help employers communicate during open...more

Carlton Fields

DOL Tries Once Again To Define What Constitutes Investment Advice Under ERISA

Carlton Fields on

On Friday, November 3, the Federal Register published the U.S. Department of Labor’s (DOL) latest attempt to redefine who is an “investment advice fiduciary” under ERISA. In conjunction with the regulatory proposal, the...more

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