On July 7, the Departments of Labor, Treasury, and Health and Human Services (the "Tri-Agencies") published a long-anticipated proposed rule ("Proposed Rule") that...

This week, the Internal Revenue Service ("IRS") and Pension Benefit Guaranty Corporation ("PBGC") both released helpful guidance intended to assist the individuals and organizations...

On June 19, 2020, the Internal Revenue Service ("IRS") issued Notice 2020-50, which provides clarity to plan administrators and participants on coronavirus-related ...

In Prime Healthcare, the plaintiffs asserted three fiduciary breach claims that have become common in the ERISA litigation space.

Since 2019, plaintiffs' counsel has filed just over a dozen class action lawsuits against plan sponsors and fiduciaries alleging that the plans use "unreasonable" actuarial equivalence factors, primarily "outdated" mortality tables, ...

New Section 4501 of the Internal Revenue Code imposes a 1% excise tax on certain corporate stock repurchases or "corporate buybacks." The new tax is imposed on the fair...

The IRS has released proposed regulations and draft forms for Trump accounts, new IRA accounts for children that include a $1,000 government-funded pilot program contribution.

The Treasury Department (the "Department") and Internal Revenue Service ("IRS") recently released detailed proposed rules (the "Proposed Regulations") ...

Over the decades since the enactment of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), many plan sponsors, service providers, and industry groups have applied for, and been granted,...

On December 2, 2021, President Biden announced new actions to combat COVID-19, given the emergence of the new Omicron variant.

For years, courts have struggled with the appropriate standard to apply to ERISA prohibited transaction claims at the pleading stage.

More than four years after it was proposed, on February 1, 2023 the Centers for Medicare & Medicaid Services ("CMS") published the long-awaited risk adjustment data validation ("RADV") Final Rule ("Final Rule")...

On April 28th, the Employee Benefits Security Administration ("EBSA") of the Department of Labor ("DOL"), together with the Department of the Treasury, issued helpful guidance for retirement plans that extends certain deadlines ...

On September 6, 2022, the Department of Labor (the "Department") published an Interpretive Bulletin entitled "Independence of Employee Benefit Plan Accountants" (the "Bulletin" or "IB 2022-01")...

The Final Regulations arrive one year after the proposed regulations published on December 20, 2019

On August 16, President Biden signed into law the Inflation Reduction Act of 2022 (P.L. 117-169; the "Act"). Although the Act differs considerably from the wide-ranging domestic economic package Democrats had...

A September 27, 2022 decision by the Southern District of New York addresses several key theories recently advanced by the plaintiffs' bar in ERISA-based lawsuits against plan service...

On April 29, 2020, the Departments of Labor ("DOL") and Treasury (together, the "Departments") issued guidance extending certain deadlines related to retirement, health, and welfare plans in...

Recently, the Department of Health and Human Services ("HHS"), Office of the Inspector General ("OIG"), HHS's Centers for Medicare & Medicaid Services ("CMS"), and Congress have focused attention...

On Monday, June 8, 2020, the Treasury Department ("Treasury") and the Internal Revenue Service ("IRS") released Proposed Regulations addressing the tax treatment of amounts paid for two unique types...