The Required Amendments List (the “List” or “RAL”) is an annual list of changes in retirement plan qualification requirements (see Revenue Procedure 2016-37). It also establishes amendment deadlines for individually designed plans.
Generally, the Required Amendments List will include
The IRS recently issued proposed rules that would make permanent and automatic the 30-day extension for furnishing reporting forms for the Affordable Care Act (“ACA”) to individuals. The IRS has also stated that the proposed relief is available for 2021
The New Jersey Legislature has opened a two-year window for filing previously time-barred civil lawsuits based on allegations of sexual abuse. The legislature’s action has created an intense interest in New Jersey legal standards for vicarious liability.
The primary significance
When a retirement plan participant files a lawsuit to recover damages from harm due to the plan sponsor’s alleged breach of fiduciary duty, employers and plan administrators must furnish certain plan documents on demand.
While the Employee Retirement Income Security
By Philip Koehler and Anne Hall (January 20, 2022)
Litigation against Employee Retirement Income Security Act retirement and health plan sponsors and administrators has plagued workplace fiduciaries for the last two decades. Then, in 2020, ERISA lawsuits reached unprecedented levels
In early December 2021, a Pennsylvania federal judge referred a dispute over the termination of a biopharmaceutical and former medical cannabis company’s ex-CEO, Raza Bokhari, to arbitration in Canada.
In July 2021, the company, FSD Pharma Inc.(“FSD”), announced that its
There are many emerging issues for fiduciaries of 401(k) and 403(b) plans. These issues include the Department of Labor’s (“DOL”) regulation of ERISA investment duties and ESG considerations, as well as its recently re-proposed rule regarding the same. Compared to
In a coverage dispute between contractors, the Texas Supreme Court questioned how broadly the court should interpret the word “employee” under the Texas Anti-Indemnity Act (“TAIA”). One defendant, a crane company called Maxim Crane Works LPl, urged the court to
On November 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act (the “IIJA”) into law. The President stated that the public would start seeing the infrastructure package’s effects within the next two to three months.
A group of
As December began, the U.S. Department of Labor (“DOL”) proposed a modified formula for calculating minimum wages for agricultural guest workers on H-2A visas. The proposal was necessitated by a federal judge in California striking down a prior proposal in