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23 Apr 2018, 12:51 pm by rstokes
NBC News correspondent Rich McHugh noted that, “Authorities seemed to be asking the Jergers to choose between letting their daughter suffer or breaking the law and possibly losing custody. [read post]
11 May 2016, 8:48 am by Rich McHugh
By Rich McHugh After a drawn out and controversial regulatory review process, the United States Department of Labor (DOL) on April 6, 2016, issued final guidance that expands the definition of a “fiduciary” under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code regarding persons or entities that render investment advice for compensation, received directly or indirectly, with respect to assets held in retirement plans or individual… [read post]
14 Jan 2016, 7:57 am by Greg Daugherty and Rich McHugh
By Greg Daugherty and Rich McHugh The Internal Revenue Service (IRS) issued guidance on Jan. 4, 2016, that clarifies certain implications of its previously announced changes to the employee plans determination letter program. [read post]
29 Dec 2015, 10:38 am by Rich McHugh
By Rich McHugh The IRS yesterday released IRS Notice 2016-4, which extends the due dates for certain 2015 information reporting under the Affordable Care Act (“ACA”). [read post]
3 Nov 2015, 11:33 am by Rich McHugh
By Rich McHugh In perhaps the last big legislative push of 2015, the Bipartisan Budget Act of 2015 (the “Act”) was passed by the House of Representative on a 266-167 vote on Wednesday, October 28, 2015 — in the waning moments of outgoing Speaker John Boehner’s tenure. [read post]
23 Jul 2015, 6:44 am by Rich McHugh
By Rich McHugh The Internal Revenue Service (the “IRS”) issued Announcement 2015-19 on July 21, 2015, in which the agency announced that its long-standing and widely used retirement plan determination program for individually designed plans was being significantly curtailed. [read post]
25 Jun 2015, 12:51 pm by Rich McHugh
By Rich McHugh President Obama might want to invite Chief Justice John Roberts to the White House for a “thank you” dinner! [read post]
19 May 2015, 11:28 am by Rich McHugh
By Rich McHugh The United States Supreme Court yesterday issued a unanimous opinion in Tibble et al. v. [read post]
19 Mar 2015, 7:08 am by Brian Hall
By Brian Hall Rich McHugh, editor of our sister blog – Employee Benefits Law Report - published a blog earlier today on a recent en banc decision by the United States Court of Appeals for the Sixth Circuit that may be of interest to our readers. [read post]
19 Mar 2015, 6:05 am by Rich McHugh
By Rich McHugh The United States Court of Appeals for the Sixth Circuit issued an en banc decision in Rochow v. [read post]
5 Mar 2015, 9:11 am by Rich McHugh
By Rich McHugh Veteran observers of the United States Supreme Court regularly and wisely advise not to make too much out of the questions asked by the justices during oral argument as a predictor of ultimate outcome. [read post]
25 Feb 2015, 5:32 am by Rich McHugh
By Rich McHugh The United States Department of Labor (the “DOL”) submitted to the Office of Management and Budget (the “OMB”) a revised version of the “conflict of interest” rule expanding the definition of the term “fiduciary” on Monday, February 23, 2015. [read post]
12 Feb 2015, 10:40 am by Rich McHugh
By Rich McHugh The Obama administration recently released its budget proposals for Fiscal Year 2015 and as in past years those proposals contained a number of provisions that would affect employee benefit plans. [read post]
28 Jan 2015, 10:43 am by Rich McHugh
By Rich McHugh In what perhaps can be best described as a win for traditional contract analysis, the United States Supreme Court (the “Court”) issued an opinion on January 25, 2015 in M&G Polymers USA, LLC, et al. v. [read post]
28 Jan 2015, 8:35 am by Rich McHugh
By Rich McHugh In what perhaps can be best described as a win for traditional contract analysis, the United States Supreme Court (the “Court”) issued an opinion on January 25, 2015 in M&G Polymers USA, LLC, et al. v. [read post]
12 Nov 2014, 5:30 am by Rich McHugh
By Rich McHugh In April, 2014, the Internal Revenue Service (“IRS”) issued Notice 2014-19, which provided additional guidance addressing the impact on tax-qualified retirement plans of the Supreme Court’s decision in United States v. [read post]
10 Nov 2014, 7:36 am by Rich McHugh
By Rich McHugh Section 110(a) of ERISA authorizes the Department of Labor (the “DOL”) to permit an alternative form of compliance with the reporting and disclosure obligations of Part 1 of Title I of ERISA for “top hat” plans (i.e., “unfunded” plans established for a select group of management or highly compensated employees). [read post]
22 Jul 2014, 12:02 pm by Rich McHugh
By Rich McHugh A federal Court of Appeals panel in Washington, D.C. today released a decision that, if upheld, would strike down one of the main pillars of the Affordable Care Act (“ACA”) and in the minds of many observers lead to unpredictable consequences. [read post]