Christine Keller was quoted in a recent Society for Human Resource Management ("SHRM") article titled, "Be Sure to Change Furloughs into Layoffs Lawfully" where she discussed compliance

Groom has prepared a comparison here of the provisions in two key retirement bills being considered by the 117th Congress: the Securing a Strong Retirement Act of 2021 and the Retirement Security & Savings Act (S. 1770, "Cardin-Portman").

The Employee Benefits Security Administration ("EBSA") issued its enforcement fact sheet showing that EBSA recovered $1.9 billion from its investigations during the fiscal year ended September 30th, 2021...

The IRS recently issued final regulations under Code section 3405 regarding proper elections out of federal income tax withholding for certain qualified plan payments that are not eligible rollover distributions.

The Tax Cuts and Jobs Act of 2017 amended long-standing periodic pension default withholding where a Form W-4P (or its substitute) is not received from the payee.

Plan sponsors, service providers and plan participants have been eagerly awaiting guidance on the new Coronavirus Relief Distribution (CRD) and loan provisions that were added by Section 2202...

When you receive a letter from the Department of Labor ("DOL") letting you know that the plan that you administer is under investigation, it is natural to ask "how did my plan get picked?"

When Congress first passed legislation to create "cash or deferred arrangements" – the original term for 401(k) plans...

Over a year ago, the COVID-19 pandemic effectively required that tens of millions of employees work from home instead of at their regular workplaces.

The Internal Revenue Service ("IRS") rules for multiple employer plans ("MEPs") have historically provided that "the failure by one employer maintaining the plan (or by the plan itself)...

The proposed regulations largely follow the existing methodology in Notice 2007-81, though they make two key changes.

Tax-favored retirement plans (qualified plans) have historically been designed to provide savings for retirement, and therefore have been focused on increasing savings and restricting withdrawals.

The Internal Revenue Code and regulations provide that a governmental 401(a) plan is generally prohibited from creating a "cash or deferred arrangement" similar to a 401(k) plan.

Now that Congress has passed the One Big Beautiful Bill ("OBBB"), lawmakers have resumed working on appropriations for Fiscal Year 2026.

Senate Republican leadership expects to finish the Senate's work on the One Big Beautiful Bill ("BBB") package by the end of the month. However, there still appear to be major disagreements...

Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill...

On April 23, DOL unveiled a final regulation defining "investment advice" and final amendments to important prohibited transaction exemptions ("PTEs"), including PTE 2020-02 and PTE 84-24.

On October 22, the Senate Special Committee on Aging held a hearing entitled, "Modernizing Health Care: How Shoppable Services Improve Outcomes and Lower Costs.

Groom's 2022 Pro Bono Annual Update features the impactful work of Groom attorneys and professionals, both within our local community and beyond.

The US is not the only country that has been making legislative and regulatory changes in the pension and benefits area in response to COVID-19. Recently, the International Pension and Employee Benefits Association (IPEBLA) has been ...