Author | Bonnie Treichel Intense last-minute negotiations allowed both houses of Congress to pass the so-called One Big Beautiful Bill Act (the Bill) prior to their self-imposed July 4 deadline, and President Donald Trump has now signed that legislation into…
Author | Bonnie Treichel The rise of digital currencies as an investment vehicle has captured the attention of both institutional investors and retirement plan participants. In response to this growing interest, and amid the evolving regulatory landscape, the Department of…
Author | Bonnie Treichel A recent U.S. Supreme Court ruling in Cunningham v. Cornell University reinforces a key takeaway for anyone overseeing a retirement plan: it’s critical to understand and avoid prohibited transactions under the Employee Retirement Income Security Act…
Author | Bonnie Treichel Historically, vesting schedules have been a strategic tool for employers to balance the costs of retirement benefits while promoting employee loyalty and retention. Employers have aimed to retain employees by implementing a service-based vesting schedule for…
Author | Bonnie Treichel Defined benefit (DB) plans have long benefited from the alpha and broader diversification associated with “alternative” investments such as private equity and real estate (and more recently cryptocurrencies). However, defined contribution (DC) plans have historically been…
Author | Bonnie Treichel The Department of Labor (DOL) recently updated its Voluntary Fiduciary Correction Program (VFCP). The updates include a new and more streamlined self-correction component (SCC), which aims to make the VFCP more efficient and user-friendly for plan…
Author | Bonnie Treichel The Plan Sponsor Council of America (PSCA) has just published its 67th annual survey of profit-sharing and 401(k) plans. It is the longest-running and most widely cited survey of employer plan trends and practices. The PSCA…
Author | Bonnie Treichel As we kick off the new year, Washington is bustling with activity before the change in administration. The Department of Labor (DOL) and the Internal Revenue Service (IRS) have just released proposed regulations, sub-regulatory guidance, and…
Author | Bonnie Treichel The Employee Retirement Income Security Act (ERISA) Section 402(a) outlines the essential requirements for the establishment and maintenance of employee benefit plans, including the requirement to identify a person or entity who will be responsible for…
Author | Bonnie Treichel Among the many required disclosures of retirement plans, there are two regarding fees. The Department of Labor (DOL) issued regulations for fee disclosures to ensure that there is transparency for plan fiduciaries and participants regarding retirement…
