Compliance

Bipartisan legislation and an SEC proposal would make electronic disclosures under securities laws much more commonplace. 

Age-60 catch-ups and Roth provisions will be especially difficult for government plans to implement.

A federal judge rebuffed SeaWorld's motion to dismiss, but a second defendant was dismissed from the case.

Offering a 529 plan benefit can appeal to a multigenerational workforce and may be easier to implement than a student loan match.

Participants claim that Live Nation offered higher-cost share classes for its 401(k) plan when identical, cheaper options were available.

A third comment period will remain open until April 6.

A federal judge in Tennessee dismissed most of the fiduciary breach claims under federal benefits law in multidistrict litigation.

The SEC reopened the comment period on a cybersecurity rule which would require updated policies and prompt SEC notification of cyber events.

The alliance highlighted the prohibition of ESG factors in government investing decisions and the use of ‘social credit scores.’

The social media company has agreed to pay participants in a class action case who alleged it did not shop for less-expensive investment options.

Industry experts and SEC officials discuss what plan sponsors should know about how the regulator will consider investment performance claims. 

Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.

A retirement plan lawsuit that alleged excessive fees for recordkeeping against the Kroger grocery store chain was dismissed.

The Massachusetts-based federal judge has advanced the lawsuit and ordered a scheduling conference for April.   

The White House’s proposed fiscal 2024 budget would also increase budgets for the Social Security Administration and the IRS.

The plaintiff alleged two counts of fiduciary breach for mismanagement of a nonqualified deferred compensation plan in Texas federal court.  

The 2024 budget would also end carried interest and treat capital gains as ordinary income for those making $1 million or more.

Congressional Democrats have introduced legislation issuing fines to employers that terminate or alter group health coverage for employees locked out or participating in a strike.

Three EBSA webinars this month will explain the basics of ERISA fiduciary duties for retirement and health plans.

Legislation proposed in the Senate seeks to reduce the number of seniors leaving Social Security benefits on the table by beginning collection at age 62.