The Centers for Medicare & Medicaid Services ("CMS") issued a proposed rule ("Proposed Rule") on November 28 that would remove the requirement...

The IRS issued two new pieces of guidance that work together to address missing participants in a qualified plan.

On October 4, 2024, the Supreme Court agreed to hear an appeal in Cunningham v. Cornell University.

The Department of Labor has again changed the rules regarding how plan fiduciaries are permitted to invest for environmental, social and governance principles.

Congressional Republicans are navigating complex budget reconciliation processes to fund immigration enforcement agencies while some members push for a third reconciliation bill focused on healthcare and other policy priorities. The partial DHS shutdown resolution left ICE and CBP unfunded, prompting alternative legislative strategies that face internal party disagreements over spending allocations and policy inclusions.

Christine Keller was quoted in a recent Society for Human Resource Management (SHRM) article titled, "Getting to Work in a Pandemic: The Next Challenge" where she discussed employer benefit...

In August of 2018, the Main Street Employee Ownership Act ("MSEOA") became law as part of the John S. McCain National Defense Authorization Act. The intent behind the MSEOA...

In the Tax Notes article, "IRS Opinion Letters Coming Soon for Preapproved Retirement Plans," principal Elizabeth Dold discussed the significance of the IRS June 1 announcement...

On August 20, 2024, a federal court in the Northern District of Texas issued a nationwide injunction blocking a final rule issued earlier this year by the Federal Trade Commission ("FTC").

Recent announcements from the IRS indicate the potential for increased audits of section 403(b) and 457(b) plans, specifically relating to catch-up contributions under such plans.

Groom principal and chair of the firm's Retirement Services group, Michael Kreps, was featured in the Pensions & Investments article, "Is renewed interest in DB plans real, or just a pipe dream?,"

In the early morning hours of May 22, the House of Representatives passed the One Big Beautiful Bill Act (H.R. 1, "BBB"), the House's version of a budget reconciliation bill...

Groom principal Jennifer Eller joined Pensions & Investments for their article, "Court ruling vacating DOL rollover guidance isn't end of fiduciary saga...

The unofficial deadline of April 15 for the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024), the tax deal authored by Senate Finance Committee Chairman Ron Wyden...

On July 22, the House Education and Workforce Committee held a subcommittee hearing entitled, "Restoring Trust: Enhancing Transparency and Oversight at EBSA." In his opening remarks...

On March 11, House Republicans passed stopgap spending legislation, known as a continuing resolution ("CR"), to fund the government through September 30.

On October 28, Senators Elizabeth Warren (D-MA) and Bernie Sanders (I-VT) led a letter with five Democratic colleagues to Department of Labor...

On Tuesday, October 11, the Internal Revenue Service ("IRS") issued a final rule amending previous regulations under the Affordable Care Act ("ACA") that establish whether...

Earlier this month, the IRS released Form 15620, a new standardized form for taxpayers seeking to make elections under Internal Revenue Code ("Code") section 83(b).

Republican leadership in the House and Senate continue to move forward with their plans to pursue their tax and spending priorities using the budget reconciliation process. The first step in that process is for Congress.