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In general, a discretionary amendment to a pre-approved qualified retirement plan or 403(b) plan is considered to be timely adopted if the amendment is adopted

The American Benefits Council has released a new white paper calling for reforms to the federal 340B drug pricing program. According to the paper, the 340B program is failing to meet the needs...

The U.S. Departments of Labor (DOL), Health and Human Services (HHS), and Treasury, recently issued Frequently Asked Questions (FAQ) about the Consolidated Appropriations Act...

A Missouri federal district court judge dismissed a proposed class action lawsuit by a former partner at Husch Blackwell LLP alleging mismanagement and the illegal withholding of contributions to the firm’s 401(k) plan. The judge based his ruling on the plaintiff’s inability to show that year-end profit-sharing contributions were plan assets before the firm deposited them into his plan account, which left him unable to prove any violations of federal benefits law.

In Perrone v. Blue Cross Blue Shield of Mich., 2025 WL 2027540 (W.D. Mich. 2025), a group health plan participant sued Blue Cross Blue Shield (BCBS)...

On April 20, 2023, McDermott's Alden Bianchi was a speaker at the ERISA Industry Committee's 2023 Annual Spring Policy Conference

Major retirement plan amendments are due by December 31, 2026, for most plans to comply with SECURE 1.0, CARES Act, and SECURE 2.0 provisions, with different deadlines applying to nongovernmental 457(b) plans...

Giant Eagle, a grocery store chain, has settled a class action lawsuit alleging violations of the Employee Retirement Income Security Act (ERISA)...

IAA requested a six-month extension after the December 20, 2021, expiration date.

On June 13, the Pension Benefit Guaranty Corporation ("PBGC") released a final rule that, in most cases, will reduce the amount of pension benefits guaranteed under the agency's single-employer insurance program when a pension plan is terminated in a bankruptcy case.

On October 18, 2022, the Internal Revenue Service announced cost-of-living adjustments to the applicable dollar limits for certain account-based health and welfare plans...

The IRS has issued Notice 2020-65, which implements President Trump's August 8 memorandum calling for a deferral of withholding of the employee portion of payroll taxes attributable to certain wages

In 2013 and 2014, several high-profile pension plans offered participants who were currently receiving benefits the opportunity to cash out ...

The House Education and the Workforce Committee's Health, Employment, Labor, and Pensions subcommittee was critical of the U.S. Department of Labor's...

The New York Times has been running articles sharply critical of annuities, especially 403(b) annuities sold to teachers.

Sandy Feingerts' article "Make sure your beneficiary designations are heir tight" was published by the New Orleans City Business on August 22, 2014.

A new study examined finance executives' current views on retirement and benefits issues. Read some of the highlights from this new research.