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Today, the U.S. Supreme Court ruled that an ERISA plan participant may allege that a plan fiduciary breached the duty of prudence by not properly monitoring the plan's investment options...

On June 18, 2007, the U.S. Supreme Court granted certiorari in the case of LaRue v. DeWolff, Boberg & Associates, Inc., No. 06 Civ. 856, thereby agreeing to consider hotly contested issues surrounding the scope of relief available to 401(k) plan participants under the Employee Retirement Income Security Act of 1974 (ERISA).

Mike's practice focuses on providing experienced counsel to businesses and individuals. His areas of expertise include corporate and business law...

While the proposed regulations likely would have the greatest impact on the IRA marketplace, advisers to plan sponsors, and therefore plan sponsors themselves, are likely to be impacted.

"I would like to start receiving my retirement benefits now, but I would also like to keep working for a bit."

ERISA imposes numerous obligations on fiduciaries holding assets of employee benefit plans.

The Department of Labor's fiduciary rule has recently been rendered unenforceable following a recent 5th Circuit Court of Appeals decision

Furthermore the duty of prudence prevents a fiduciary from choosing an investment alternative that is financially less beneficial than an available alternative.

On March 6, 2019, the IRS announced its intention to abandon further efforts, at least temporarily, to prohibit defined benefit plans from offering voluntary lump sum cashouts to retirees who are

The U.S. Department of Labor issued a Field Assistance Bulletin (FAB 2017-01) on Friday, March 10, 2017 to address near-term compliance concerns relating to a proposed 60-day delay of the Fiduciary Rule.

GAO reported on racial and income disparities with respect to access to financial services and achieving financial security in retirement.

Columbus Regional Healthcare System, Inc., a Georgia company, and a class of some 6,800 retirement plan participants, recently advised a federal district...

AGG Healthcare attorneys Matthew M. Lavin and Aaron R. Modiano recently secured a revival of an $8.6 million reimbursement suit against Cigna Health and Life Insurance.

Passage of the budget reconciliation bill may prompt members of Congress to take on reform of pharmacy benefit managers, health savings accounts, and individual coverage health reimbursement arrangements.

Plaintiffs, current and former employees of the University of Southern California ("USC"), were participants in two USC-sponsored ERISA contribution plans.

Since 2021, Ropes & Gray has been actively tracking actions that states have taken on how or whether environmental, social and governance ("ESG") factors should be applied to the investment decisions.

The Tax Court has held in Scheiber v. Commissioner (T.C. Memo 2017-32) that an individual's interest in a pension plan was not an asset for purposes of determining the extent of his insolvency under Section 108(d).