In this Spotlight on Benefits post, we discuss the nature of equitable relief under ERISA and another federal circuit court decision rejecting surcharge as an available equitable remedy.
As background, ERISA contains an exclusive civil enforcement provision that sets forth
Spotlight on Benefits
Spotlight on Benefits, published by Faegre Drinker Biddle & Reath, focuses on developments and issues related to employee benefits and executive compensation under ERISA and related laws. The blog covers topics such as retirement plan limits and adjustments, regulatory updates including IRS rules and SECURE Act provisions, state-level paid family leave programs and their impact on benefit plans, and judicial interpretations of ERISA remedies. It provides analysis of legislative and regulatory changes affecting defined contribution and defined benefit plans, compliance considerations for plan sponsors, and recent court decisions shaping fiduciary duties and equitable relief under ERISA.
Latest from Spotlight on Benefits - Page 3
HIPAA Reproductive Health Care Privacy Rule Vacated
As noted in our prior blog post, on April 26, 2024, the U.S. Department of Health and Human Services (HHS) issued a Final Rule updating certain Health Insurance Portability and Accountability Act (HIPAA) privacy rules with respect to the…
One Big Beautiful Bill: How It Affects Health Savings Account Administration
The One Big Beautiful Bill (OBBB), signed into law July 4, 2025, made several changes to Health Savings Account (HSA) rules. While not mandatory, some employers may want to consider whether to modify their HSA programs accordingly.
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In Case You Missed It: Spotlight on Benefits — Spring 2025
Increase to Dependent Care Flexible Spending Account Limit
By Cynthia Lee & Inés Sosa
On July 4, 2025, the Trump administration signed into law the final version of H.R. 1- One Big Beautiful Bill (OBBB). The OBBB includes various changes that affect employee benefits, including an optional increase to the annual amount an employer…
Navigating Cryptocurrency Investments in Employer-Sponsored Retirement Plans
Cryptocurrency has revolutionized the financial landscape, emerging as a high-risk, high-reward investment option. As its popularity grows, the question of incorporating cryptocurrency into employer-sponsored retirement plans has sparked debate among regulators, employers and investors alike.
Prior Guidance and Current Change…