Publications

In November 2018, Senator Ron Wyden (D-OR) released a discussion draft of the Consumer Data Protection Act (the “Act”), which would empower the Federal Trade Commission (the “FTC”) to regulate data privacy practices, sanction companies and their senior executives for improper practices regarding personal information, and provide consumers with better […]

In the months since the General Data Protection Regulation (“GDPR”) went into effect on May 25, 2018, data protection authorities (“DPAs”) have received thousands of complaints from European Union (“EU”) residents. The European Data Protection Board, an independent data protection authority based in the EU, reported that more that 42,000 […]

For retirement plans that authorize hardship distributions, plan sponsors should be cognizant of the impacts the Tax Cuts and Jobs Act (the “TCJA”) and the Bipartisan Budget Act (the “Budget Act”) may have on plan administration related to such distributions. First, the TCJA may indirectly affect plan administration in light […]

As the inevitable cold and flu season approaches, many employers are looking for ways to provide free or discounted flu shots to their employees. What many employers do not consider is whether the offering of free or discounted flu shots (or similar benefits) is subject to the Affordable Care Act […]

On August 17, 2018, the Internal Revenue Service (IRS) published a private letter ruling to address an employer’s ability to provide a student loan repayment benefit in its 401(k) plan. In the ruling, the IRS authorized an employer’s proposed amendment to its 401(k) plan which provided for employer student loan […]