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  • Article

    DOL Finalizes Rescission Of Association Health Plan Rule

    On April 29, 2024, the Department of Labor ("DOL") released a final regulation (the "Final Rule") that rescinded the Trump Administration rule that expanded...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    DOL Proposes Rule To Crack Down On ESG

    On June 23, 2020, the Department of Labor ("DOL") issued a proposed regulation (the "Proposed Rule") defining plan fiduciaries' duties under the Employee Retirement Income Security Act of 1974...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    ERISA Preemption Reaffirmed: Tenth Circuit Limits State PBM Regulation

    On August 15, 2023, the Tenth Circuit issued its much-anticipated decision in PCMA v. Mulready, rejecting Oklahoma's position that its pharmacy network requirements were not preempted by ERISA.
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    FTC Issues Final Rule Banning Non-Compete Clauses For Employees

    On April 23, 2024, the Federal Trade Commission ("FTC") voted 3-2 to issue a final rule that prohibits most employers and workers from entering into non-compete clauses.
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    Health Plan Broker & Consultant Service Provider Fee Disclosure

    The Consolidated Appropriations Act, 2021, Public Law 116-260 ("CAA"), signed into law by President Trump on December 27, 2020
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    IRS Guidance On 2020 Required Minimum Distribution Waivers And More

    On June 23, the Internal Revenue Service ("IRS") issued Notice 2020-51, which provides much-needed guidance on how defined contribution plans (including 403(b) and...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    IRS Guidance On Excise Tax On Buybacks Clarifies Some Benefits Issues

    "Covered corporations," generally defined under Section 4501(b) as domestic corporations or publicly traded partnerships that trade on US public markets or an international established securities...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    IRS Issues Student Loan Match Guidance — Save For Retirement While Repaying Student Loans

    The Internal Revenue Service ("IRS") has issued its first round of guidance on Section 110 of the Setting Every Community Up for Retirement Enhancement 2.0 Act of 2022 ("SECURE 2.0")...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    Long-Term, Part-Time Employee Guidance For Section 403(b) Plans (And Two-Year Extension For 401(k) Regulations)

    On October 3, 2024, the Department of the Treasury ("Treasury") and the Internal Revenue Service ("IRS") issued Notice 2024-73 (the "Notice")...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    Possible Impact Of New DOL Employee Classification Rule On Employee Benefits

    The DOL Wage and Hour Division recently released a new rule changing how workers are classified under the Fair Labor Standards Act ("FLSA") ("Final Rule").
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    States Continue Expansion Of PBM Regulation

    State legislatures over the past five years have focused heavily on the role of pharmacy benefit managers ("PBMs") in the context of health care benefits.
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    The Race To Register: DOL Issues Final Rule On PPP Registration

    On November 14, 2020, the Department of Labor ("DOL") published the final rule "Registration Requirements for Pooled Plan Providers" (the "Final Rule").
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    Biden Administration Proposes Beefed-Up HIPAA Security Rule… But Prognosis Uncertain

    On January 6, 2025, the Biden Administration issued a new proposed rule updating the HIPAA Security Standards ( "Proposed Rule"). The original HIPAA Security Standards were issued in 2003...
    United StatesFood, Drugs, Healthcare, Life Sciences
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    PBGC's Regulatory Spring Cleaning: Numerous Changes, Updates, And Clarifications To PBGC Reporting, Termination, And Premium Rules

    On February 4, 2020, the Pension Benefit Guaranty Corporation ("PBGC") issued final regulations (the "Final Rule") covering reportable events...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    IRS Issues Guidance Related To Changes In Elections, Grace Periods, And Carryovers

    As part of its ongoing efforts to help those who have been impacted by the health care and economic fallout from the Covid-19 pandemic...
    United StatesCoronavirus (COVID-19)
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    DOL Presses Forward With Lifetime Income Disclosure In Defined Contribution Plans

    On August 18, 2020, the Department of Labor (the "DOL") issued an interim final rule (the "IFR") implementing Section 203 of the Setting Every Community Up for Retirement Enhancement Act of 2019...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    DOL Proposes Pharmacy Benefit Manager Fee Disclosure Rule

    This is the first of several alerts that Groom Law Group expects to issue regarding the new proposed regulation issued on January 29, 2026 by the U.S. Department of Labor...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    DOL Unveils Comprehensive Safe Harbor For Alternative Investments

    The Department of Labor's Employee Benefits Security Administration ("DOL") recently issued a much-anticipated proposed rule ("Proposed Rule") responding to President Trump's directive in Executive Order ("EO") ...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    SEC Private Fund Adviser Rules May Impact Benefit Plan Investors

    On August 23, 2023, the Securities and Exchange Commission ("SEC") voted three to two to adopt a package of new final rules, Private Fund Advisers; Documentation of Registered Investment Adviser Compliance...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered
  • Article

    Federal District Court Dismisses Another Case Regarding The Cost Of Prescription Drug Coverage

    On January 24, 2025, the United States District Court for the District of New Jersey dismissed a putative ERISA class action lawsuit in a much-followed case...
    United StatesEmployment and HR
    Groom Law Group, Chartered
    Groom Law Group, Chartered

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