News & Analysis as of

Retirement Plan › New York

Davidoff Hutcher & Citron LLP

Asset Protection 101 for New York Restaurant Owners with Real Estate Interests

Davidoff Hutcher & Citron LLP on

Owning and operating a restaurant in New York comes with significant financial and legal responsibilities—especially when real estate is part of your investment portfolio. As a restaurant owner, you face unique risks that can...more

Mintz - Employment Viewpoints

NY State Secure Choice Savings Program Implementation Phase Begins

Mintz - Employment Viewpoints on

Last year, New York State joined an ever growing number of states requiring certain employers to either offer employees a retirement savings plan or enroll in the applicable state program. More specifically, the New York...more

Jackson Lewis P.C.

2021 New York State, City Legislative and Related Developments; 2022 Outlook

Jackson Lewis P.C. on

While most of our focus over the last year has been on COVID-19-related developments, New York State and New York City employers also must ensure compliance with other recent and upcoming legal changes...more

Fisher Phillips

New York Employers Soon Required to Enroll Employees in Retirement Savings Plan

Fisher Phillips on

New York employers that don’t sponsor their own retirement plans will soon be required to automatically enroll employees in New York’s state-run savings plan. Lawmakers originally created the New York State Secure Choice...more

Nelson Mullins Riley & Scarborough LLP

New York Employer Alert: Updated State Retirement Program Enrollment Requirements for Private Employers

Nelson Mullins Riley & Scarborough LLP on

Last month, New York Governor Kathy Hochul signed a new law requiring private employers that meet certain criteria to automatically enroll their employees in the State’s Secure Choice Savings Program (the “Program”), a...more

Davis Wright Tremaine LLP

New York Employers Without Sponsored Retirement Plans Must Automatically Enroll Employees in State-Run Retirement Program

Davis Wright Tremaine LLP on

New York has enacted legislation requiring certain private-sector employers that do not sponsor their own retirement plans to automatically enroll their employees in New York State's Secure Choice Savings Program. The...more

Proskauer - Law and the Workplace

New York State to Require Certain Private Employers to Automatically Enroll Employees in State Retirement Program

Proskauer - Law and the Workplace on

New York Governor Kathy Hochul has signed into law a bill that will require certain private employers in the state to automatically enroll their employees in a state-administered retirement savings plan if the employer does...more

Jackson Lewis P.C.

New Mandatory Retirement Plan Requirement For Certain New York City Employers

Jackson Lewis P.C. on

On May 11, 2021, the City Council of New York enacted a local law to establish a retirement savings program for certain employees of private entities. What are the Details? The new law creates a mandatory...more

Fox Rothschild LLP

NYC Will Require Mandatory Retirement Savings For All Private Sector Employees

Fox Rothschild LLP on

On May 11, 2021, Mayor Bill de Blasio signed into law legislation that will require private sector employers located in New York City to provide a mandatory retirement savings program for their employees. As a result, New...more

White and Williams LLP

The Powerful Power of Attorney: Changes Coming in New York State

White and Williams LLP on

Small but significant changes are coming soon to the New York State statutory power of attorney form effective June 13, 2021. By legislation passed on December 13, 2020 and signed into law by Governor Andrew Cuomo, all powers...more

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