Employee Benefits Blog

With a New Administration, Will the Department of Labor’s Fiduciary Rule Once Again be Revised?

The Department of Labor’s (the “DOL”) attempts to regulate the conduct of fiduciaries under ERISA and the Code has been mired in controversy. In 2010, the Obama administration’s DOL proposed a fiduciary regulation that was met with so much criticism that it was subsequently withdrawn in 2011. In 2015, the DOL re-proposed a fiduciary regulation […]

November 20, 2020 | 5 min read | Tagged: DOL, ERISA, fiduciary duty, financial institutions, iras, plan investments

Anne M. Meyer Partner

New Year, New Age: the SECURE Act Increases the Required Minimum Distribution Age to 72

On December 20, 2019, President Trump signed the Further Consolidated Appropriations Act, 2020, a spending bill that includes the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”). The SECURE Act initially passed the House in May, as discussed in our S&W Benefits Blog “The SECURE Act – A Primer on […]

January 10, 2020 | 2 min read | Tagged: individual retirement accounts, iras, qualified retirement plans, required minimum distributions, rmd, SECURE ACT

Amberlee (Conley) Lapointe Associate