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The IRS had previously issued FAQs to explain the retirement plan rules of the CARES Act.

On Sept. 14, the U.S. House of Representatives passed a bill (H.R. 3354) along a party-line vote that would (i) repeal the Volcker Rule, the fiduciary rule adopted by the Department of Labor ...

Section 415 of the Tax Code, which limits the allowable contribution amounts to retirement plans, is reviewed every year and cost-of-living adjustments are made.

In recent years, we have seen more and more ERISA class action claims against retirement plan sponsors and committees for breach of fiduciary duty.

Just a week before a bench trial was scheduled to begin, Salesforce reached a settlement with as many as 50,000 of its employees in a class action lawsuit over its 401(k) plan.

It is clear that for federal purposes such as tax withholding, ERISA, and the FMLA, employers must recognize same-sex marriages even if the same-sex partners live in a state that does not recognize them.

Under such circumstances, the plan is considered to have an equitable lien by agreement.

For plan years beginning after December 31, 2020, the SECURE Act removes possible barriers to the broader use of multiple employer plans.

We can safely say that one of the biggest supporters of the gig economy is Virginia Senator Mark Warner (D). Back in 2016, he advocated for the Labor Department to update its statistics

Paycheck Fairness Act Passes House. As predicted in last week's newsletter, the Paycheck Fairness Act (H.R. 7) passed the House on Wednesday. The vote was 242-187, with 7 Republicans voting in support

The amount of that assessment is based, in part, on the difference between the value of plan assets and the present value of the plan's future liabilities.

The Sixth Circuit Court of Appeals recently held that a collective bargaining agreement (CBA) provision, which obligated a union to indemnify an employer for withdrawal liability did not violate public policy under the Employee Retirement Income Security Act of 1974

A proposed class action lawsuit filed against Empower last month highlights the importance for 401(k) plan fiduciaries to carefully negotiate their services agreements with recordkeepers and other services providers.

Michael Sweet was quoted in the Associated Press article "Stakes Now Even Higher for Detroit Retirees."

Ropes & Gray is actively tracking the rapidly evolving state approaches to regulating ESG investments by state retirement systems.

The Supreme Court in Intel Corporation Investment Policy Committee et al. v. Sulyma, case No. 18–1116, significantly narrowed the circumstances...

In a landmark 5-4 decision, the U.S. Supreme Court in Obergefell v. Hodges, ruled today that same-sex couples have a constitutional right to marry.