» Legal Update
EMPLOYEE BENEFIT PLAN LATE SUMMER CONSIDERATIONS
August 28th, 2023
We hope all of our clients and friends are having a terrific Summer! As you know, we tend to keep our alerts to a minimum because we know your inboxes are regularly filled wit…
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Categories: Legal Update
Employee Benefit Plan Year-End Considerations
December 7th, 2022
We hope that this email finds all of our clients and friends enjoying the holiday season. We realize that you get bombarded with “updates” and “breaking news” regularl…
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Categories: Legal Update
Employee Benefit Plan Amendments/Disclosures Required This Year
May 5th, 2022
Sponsors of employee benefit plans should be aware of several rapidly approaching deadlines that require immediate action. As noted below, we request that you reach out to us…
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Categories: Legal Update
New Addition to S&D and Recent Health and Welfare Settlement Further Demonstrates Need for Compliance
April 4th, 2022
We wanted to alert you to a recent addition we have made at Smith & Downey in order to continue to provide best-in-class legal support to the wonderful clients we serve. A…
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Categories: Legal Update
Amended FFCRA Regulations
September 16th, 2020
On the evening of Friday, September 11, 2020, the DOL released amended Families First Coronavirus Response Act (“FFCRA”) regulations. These new regulations go into effect…
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Categories: Legal Update
Recent Retirement Plan/Employee Benefits Developments and Needed Amendments
August 21st, 2020
Another Round of Fiduciary Lawsuits The last few months have brought another round of lawsuits against plan sponsors, plan decision makers, and other fiduciaries (e.g., Boards…
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Categories: Legal Update
Supreme Court Title VII Ruling
June 17th, 2020
On June 15, 2020, the Supreme Court ruled 6-3 that employers may not discriminate against employees on the basis of sexual orientation or transgender status. Specifically, the…
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Categories: Legal Update
The CARES Act – Plan Loans, Plan Distributions, PPP Loans, and Other Relief Should We Pause Before Acting? – Things to Consider Before Implementation
April 30th, 2020
Pause and Review As we continue to advise clients regarding the employee benefit, executive compensation, and labor and employment aspects of the recent COVID-19 related feder…
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Categories: Legal Update
Families First Coronavirus Response Act Key Provisions
April 8th, 2020
As anticipated, President Trump has signed into law the Families First Coronavirus Response Act. This important new law will be effective April 2, 2020. As reported previously…
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Categories: Legal Update
SECURE Act and Other Legislation Highlights; 403(B) PLAN AMENDMENT DEADLINE
February 6th, 2020
As we have been saying for several years, a sponsor of a 403(b) Plan that has not been amended to incorporate changes in the 403(b) rules that were effective after 2009 and be…
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Categories: Legal Update