Insights

Section 409A Correction Deadline Fast Approaching: Focus on Employment Agreements, Severance Plans and Separation Agreements

Section 409A of the Internal Revenue Code casts a broad net, imposing payment timing rules on various...

Participant-Directed Individual Account Plan Quarterly Fee Disclosures: Deadline Nearing

The Department of Labor deadline for providing participants with quarterly fee disclosures is fast approaching. The quarterly...

Final Fee Disclosure Rule: Changes and Clarifications

On February 2, 2012, the Department of Labor issued a final rule concerning the fee information that...

Approaching Deadlines for Retirement Plan Fee Disclosure Rules: What Clients Should Do Now

The Department of Labor's extended deadlines for compliance with the new fee disclosure rules are fast approaching....

Internal Revenue Service Announces Pension Plan Limitations for 2012

The Internal Revenue Service ("IRS") announced today cost-of-living adjustments ("COLA") affecting dollar limitations for pension plans and...

CIGNA v. Amara and ERISA Claims for Faulty Summary Plan Descriptions: A Second Look

The Supreme Court recently held that misleading and inaccurate statements in plan communications cannot form the basis...

Correcting Plan Failures Following a Business Transaction

The IRS generally will approve plan amendments as a method of correcting a failure to follow the...

Allocation of Benefit Liabilities in Asset Deals: Buyer of Assets Held Liable for Seller’s Delinquent Plan Contributions

It has long been an outstanding general rule that the survivor of a corporate merger inherits the...

Fee and Investment Disclosure in Participant-Directed Plans: Final Rule

The Department of Labor has announced a final rule (RIN 1210-AB07) requiring disclosure of certain information to...