Benefits Quarterly

As we near the end of 2024, we present our annual end-of-the-year “to do list” for employee benefit plan sponsors to consider as they reflect on the various legal updates from the past year, as well as those that become effective January 1, 2025. Review SECURE 2.0 Changes.  The SECURE […]

It was a busy year for the courts when it came to employee benefits. We saw litigation impacting a variety of issues, from administrative agency powers and plan forfeitures, to the enforceability of arbitration provisions in plan documents. As the end of year draws near and plan sponsors work to […]

A Conversation with Radil and Clatterbuck The Employee Retirement Income Security Act of 1974 (ERISA) was signed into law by President Ford on Labor Day, September 2, 1974, nearly 50 years ago to the day!  While a number of historical events drove Congress to consider greater protections for employee benefit […]

The Employee Retirement Income Security Act of 1974 (ERISA) was enacted in large part as a result of the Studebaker automobile manufacturer’s failure to pay its employees their promised pension benefits when it closed its plant in 1963.  ERISA sought to provide greater protections for employees and their retirement benefits.  […]

To help increase participation in retirement plans, the SECURE Act of 2019 required 401(k) plans to allow “long-term, part-time employees” (“LTPT employees”) to be eligible to make elective deferral contributions.  SECURE 2.0 amended those rules, and in November 2023, the IRS issued proposed regulations interpreting the new laws.  Despite the […]