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Seyfarth Shaw LLP
On March 28, 2024, Washington State's Governor, Jay Inslee, signed into law a bill that creates a new state-run retirement program called "Washington Saves."
Smith Gambrell & Russell
On Tuesday, April 23, 2024, the Department of Labor (the "DOL") issued final regulations regarding investment fiduciary obligations and the definition of an "Investment Advice Fiduciary"...
Carruthers & Roth
Presentation slides - Navigating Secure Act 2.0's Impact On Estate Planning For Retirement Benefits...
Ogletree, Deakins, Nash, Smoak & Stewart
On April 17, 2024, the Supreme Court of the United States issued a decision that could increase plaintiffs' abilities to bring discrimination claims under Title VII of the Civil Rights Act of 1964.
Kutak Rock LLP
Defined benefit plans typically offer participants several ways to receive their benefits, including single life annuities, joint and survivor annuities, and certain life annuities...
Kelley Drye & Warren LLP
There have been recent developments from both the Internal Revenue Service ("IRS") and the Department of Labor ("DOL") and pending court cases about how plan forfeitures...
Groom Law Group
On April 16, 2024, the IRS issued Notice 2024-35 ("Notice") which further extends required minimum distributions ("RMD") relief for the fourth year in a row while plan sponsors...
Jackson Lewis
If the U.S. Department of Labor's Notice of Proposed Information Collection Request, issued on April 15, 2024...
Proskauer Rose LLP
On April 23, 2024, the Department of Labor ("DOL") issued final rules which expand what it means to provide fiduciary "investment advice" under...
Seyfarth Shaw LLP
On April 23, 2024, the FTC announced its Final Non-Compete Clause Rule ("Final Rule"), which bans post-employment non-compete clauses between employers and their workers.
Jackson Lewis
A New York federal court recently denied former hospital employees' request for leave to file a Third Amended Complaint ("TAC") after dismissing their Second Amended Complaint ("SAC")...
Arnold & Porter
In an election year, spring in Washington, D.C. brings cherry blossoms, pollen, and serious pressure to move legislation before the summer campaign season.
Hall Benefits Law
The U.S. Department of Labor (DOL) recently filed suit against the Blue Cross and Blue Shield of Minnesota (BCBSM), alleging various violations...
Bass, Berry & Sims
The U.S. Department of Labor issued final regulations on April 23, expanding the definition of "fiduciary" under ERISA. The final regulations alter the definition of "investment advice fiduciary"...
Dechert
On April 3, 2024, the Department of Labor (the "DOL") issued its final amendment ("Final Amendment") to Prohibited Transaction Class Exemption 84-14, commonly referred to as the "QPAM Exemption".
Mintz
Of Counsel Michelle Capezza spoke to Fiduciary News examining the objectives and implications of the Department of Labor's new fiduciary rule.
Foley Hoag LLP
The U.S. Department of Labor ("DOL") has amended the qualified professional asset manager ("QPAM") class prohibited transaction exemption 84-14 ("QPAM Exemption"), effective as of June 17, 2024 ("QPAM Amendment").
Groom Law Group
On April 23, 2024, the Department of Labor ("DOL") released its new fiduciary investment advice definition in a package titled the "Retirement Security Rule" (the "2024 Package").
Ogletree, Deakins, Nash, Smoak & Stewart
On April 23, 2024, the Federal Trade Commission (FTC) adopted a final rule that effectively prohibits the use of almost all non-compete clauses.
Groom Law Group
On April 16, 2024, the IRS issued Fact Sheet 2024-13, which includes FAQs addressing the tax treatment of employer-provided work-life referral services.
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