Ed Frado Law Blog: Latest Updates and Industry News

September 2021 ERISA Litigation Update:

Given the continuing wave of ERISA litigation, this article has become a mainstay of The Speed Reader. A sample of recent cases is…
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IRS Updates Guidance Regarding Pre-Approved 403(b) Plan Documents:

For many years, the IRS has had a program for qualified plans (e.g., 401(k) plans) under which plan document drafters submit their plans…
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IRS Updates Guidance Regarding Interim Amendments for Qualified Plans:

On September 1, 2021, the IRS issued Revenue Procedure 2021-38 (“2021-38”). This guidance addresses the deadline for qualified plan sponsors to adopt interim…
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IRS Updates its Retirement Plans Correction Programs:

Since 1991, the IRS has had formal correction programs in place for various retirement plan compliance issues. Current programs under that Employee Plans…
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Department of Labor Publishes Guidance on Certain Retirement Plan Benefit Statements:

On July 26, 2021, the Department of Labor (“DOL”) issued a series of Frequently Asked Questions (“FAQs”) addressing lifetime income illustrations. As background,…
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New Department of Labor Guidance Addresses Benefits Claims Under ERISA:

On June 14, 2021, the U.S. Department of Labor (the “DOL”) published Information Letter 06-14-2021. This guidance addresses the question of whether ERISA’s…
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