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Employee Benefits & Executive Compensation Blog Blog

Articles: 1-10 of 509

Agencies Update Guidance on Group Health Plan Contraceptive Coverage Requirements

USA - February 15 2024 The Departments of Labor, Treasury, and Health and Human Services (the “Departments”) recently issued guidance for group health plans outlining a…

Wisconsin Federal District Court Issues Five Rulings on Motions to Dismiss 401(k) Investment and Fee Cases - Is There a Way to Reconcile Them?

USA - February 13 2024 Defense counsel frequently lament the difficulties of defending 401(k) investment and recordkeeping fee litigation when different judges render…

Act Fast (If You Get the Letter)! IRS Pre-Examination Retirement Compliance Pilot Program is Extended

USA - February 8 2024 On February 7, 2024, the IRS announced the second phase of its Pre-Examination Retirement Compliance Program (we discussed phase one in our earlier…

Transparency in Coverage Rules: When Accurate Estimates for Low‑Utilization Items and Services Are Not Available

USA - February 6 2024 Last week, the Departments of Labor, Treasury and Health and Human Services (“the Departments”) issued an FAQ about the final Transparency in…

Notice 2024-02: IRS Offers Guidance on (Some) SECURE 2.0 Questions

USA - January 16 2024 Approximately one year after Congress enacted the SECURE 2.0 Act of 2022 (“SECURE 2.0”), the IRS issued Notice 2024-02, which addresses SECURE 2.0…

Glass Lewis and ISS Announce Updates For 2024 Proxy Season

USA - January 9 2024 Glass Lewis (“GL”) recently released its annual Benchmark Policy Guidelines for 2024. This update makes several changes to how the proxy advisory…

Putative ESOP Class Action Dismissed for Failure to Exhaust Administrative Remedies

USA - December 26 2023 The decision in Bolton v. Inland Fresh Seafood Corp. of America Inc., No. 22-cv-4602 (N.D. Ga. Dec. 5, 2023)should serve as a reminder to all ERISA…

Congress Proposes SECURE 2.0 Technical Corrections Bill

USA - December 15 2023 As previously discussed, the SECURE 2.0 Act of 2022 (“SECURE 2.0”) was signed into law on December 29, 2022 as part of the 2023 Consolidated…

IRS Proposes 401(k) Plan Regulations Implementing Long-Term Part-Time Employee Eligibility Requirements

USA - December 7 2023 The day after Thanksgiving, while many of us were fortunate enough to be reaching for leftover pie, the IRS released proposed regulations…

Second Circuit Establishes Practical Pleading Requirement for Prohibited Transaction Claims Under ERISA Section 406(a)(1)(C)

USA - November 30 2023 The Second Circuit recently held that in order to state a claim for a prohibited transaction pursuant to ERISA Section 406(a)(1)(C), it is not enough…