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March 2025 ERISA Update

After issuing a flurry of guidance in January and February regarding various SECURE 2.0 provisions, neither…

New IRS Guidance Addresses Catch-Up Contributions: 

On January 10, the IRS published proposed regulations. They provide guidance for retirement plans that allow…

U.S. Department of Labor Updates its Fiduciary Correction Program: 

On January 14, for the first time since 2006, the U.S. Department of Labor (“DOL”) published…

New DOL Guidance Addresses Cash-Outs of Small Plan Accounts:

Given the mobile workforce in this country, during its plan audits the DOL is focusing more…

January 2025 ERISA Litigation Update:

Given the continuing wave of ERISA litigation, this article has become a mainstay of The Speed…

New IRS Guidance Addresses Automatic Enrollment and Certain Notice Requirements: 

On January 10, the IRS published proposed regulations providing guidance on several provisions of the SECURE…

2025 Retirement Plan Limits Announced: 

On November 1, 2024, via Notice 2024-80, the IRS announced the effect of cost-of-living adjustments on…

2024 Year-End Reminders for Defined Contribution Plans:

As the end of 2024 quickly approaches, retirement plan sponsors should promptly consider several important potential…

October 2024 ERISA Litigation Update: 

The following is a summary of cases for which courts have provided rulings, since last month’s…

IRS Issues More Guidance Addressing Long-Term, Part-Time Employees:

As background, the so-called SECURE 1.0 Act provided that if a part-time employee who is at…