The U.S. has issued an announcement with guidance on how the 2009 amendment to the tax treaty between the U.S. and Switzerland applies to pension and retirement arrangements of both countries.

On September 25, a federal district court vacated the Medicare Advantage risk adjustment and data validation ("RADV") final rule that would have enabled the Centers...

Recently, plaintiffs' firms have filed a flurry of class action lawsuits against employers, alleging violations of COBRA's election notice requirements and seeking statutory and other penalties.

Plan sponsors that offer employer stock in their benefit plans can breathe a sigh of relief, as the Supreme Court vacated one of the only plaintiff-friendly rulings in ERISA "stock drop" litigation.

The Treasury Department and IRS have released proposed regulations governing employer contributions to Trump accounts and employee pre-tax contributions through Trump Account Contribution Programs (TACPs). These regulations establish nondiscrimination requirements, contribution limits, and operational guidelines that employers must follow when implementing these tax-advantaged savings programs.

On December 30, 2021, the Department of Labor ("DOL") released Field Assistance Bulletin No. 2021-03 ("FAB 2021-03").

In the past several years, the U.S. District Court for the District of Utah has been a hotbed for litigation involving claims for mental health treatment at residential treatment centers.

Section 334 of SECURE 2.0 introduces qualified long-term care distributions from defined contribution plans without the 10% early withdrawal penalty. IRS Notice 2026-33 clarifies the requirements, reporting obligations, and implementation steps for plan sponsors and insurance issuers. Understanding these new rules is essential for employers considering this distribution option and participants seeking to use retirement funds for long-term care insurance premiums.

On Nov. 22, 2022,the Department of Labor issued a final rule that permitsplan fiduciaries to take into account ESG factors and other ancillary factors if the fiduciary concludes...

On October 15, 2024, the IRS issued Notice 2024-77, providing interim guidance on the treatment of retirement plan "inadvertent benefit overpayments" under Section 301 of the SECURE 2.0 Act (Pub. L. 117-328)

The Treasury Department and IRS have released Notice 2026-48, providing the first comprehensive guidance on SECURE 2.0's new Saver's Match program. This federal matching contribution for low- and moderate-income retirement savers introduces complex implementation challenges, including how to route taxpayer matches directly to retirement plans and IRAs. The Notice addresses eligibility requirements, income limits, contribution types, and delivery mechanisms while requesting public comments on operational app

The last two weeks have seen dramatic changes for communities and businesses as COVID-19 has spread to all parts of the world.

As the end of 2024 approaches, it's again time for plan sponsors to review their plan documents and plan operations to ensure compliance with increasingly complex qualification requirements...

The 275 pages of proposed regulations revamp the current regulations – issued nearly 20 years ago – to eliminate the question and answer format.

Each March, National Women's History Month invites us to celebrate the women whose courage, intellect, and leadership have transformed our nation.

On October 2, 2020, the Northern District of Illinois ruled on motions to dismiss in a closely-watched cybertheft lawsuit arising out of the theft of $245,000 from a participant's ...

On July 16, 2021, IRS issued a new version of the Employee Plans Compliance Resolution System ("EPCRS"), set forth in Revenue Procedure 2021-30.

We've rounded up our latest resources into one place so that you don't have to! In case you missed any of our updates from last month, read on.

On March 10, 2024, the plaintiffs filed an amended complaint in a much-followed putative class action lawsuit against Johnson & Johnson ("J&J")...

Section 101 of Setting Every Community Up for Retirement Enhancement ("SECURE") 2.0 mandated, for the very first time, a special automatic enrollment arrangement be added to all new 401(k)...