Surety Matters

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Displaying 12 results for: ERISA Bond
Cyber 06.18.2020

Amazon Fights off Largest Ever DDoS Attack

Amazon announced its cloud-services provider, Amazon Web Services, recently fended off the greatest DDoS cyber-attack in history. Amazon web services, which offers the very infrastructure hundreds of companies rely on, defended itself against a Distributed…
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Amazon Fights off Largest Ever DDoS Attack
ERISA 06.17.2020

DOL Releases RFI on PTEs Involving Pooled Employer Plans

The Department of Labor just published its Request for Information (RFI) on PEPs, or Prohibited Transactions involving Pooled Employer Plans (PEPs) under the SECURE Act as well as other multiple employer plans. Per a press…
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DOL Releases RFI on PTEs Involving Pooled Employer Plans
ERISA 06.17.2020

Update on EBSA Probing ESG Holdings

The New York Regional Office of the Employee Benefit Security Administration is requesting a laundry list of information from plans with ESG funds regarding the review and selection process for said options. The office is…
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Update on EBSA Probing ESG Holdings
ERISA 06.17.2020

Excessive Fee Lawsuit Targets RK Fees

In the U.S. District Court for the Southern District of Ohio, a lawsuit was filed by plaintiff-participants Gregory Stark, William Gaff and Michael Lewin as representatives on behalf of participants in the $2.9 billion Keycorp…
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Excessive Fee Lawsuit Targets RK Fees
ERISA 06.05.2020

DOL Approves Private Equity in TDFs

The Department of Labor has given the green light to private equity investments in professionally handled funds within 401(k)s. In a detailed Information Letter, the head of Division of Fiduciary Interpretations at the Employee Benefit…
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DOL Approves Private Equity in TDFs
ERISA 05.21.2020

IRS Publishes 2021 Amounts for HSA Limits

The Internal Revenue Service just announced next year’s inflation-adjusted quantities of health saving accounts. In Rev. Proc. 2020-32, the IRS states that the annual limitation on deductions under Code Section 223(b)(2)(A) for a person with…
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IRS Publishes 2021 Amounts for HSA Limits
ERISA 05.21.2020

Department of Labor Unveils Novel Safe Harbor for E-Delivery

As numerous Americans continue to work remotely during the start of the summer, the Labor Department has introduced a brand new safe harbor for electronic disclosures. The final rule initiated is congruent to the rule…
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Department of Labor Unveils Novel Safe Harbor for E-Delivery
ERISA 05.20.2020

ARA Endorses Interim Amendment Process Improvements for Pre-Approved Plans

In a May 11th letter to the Director of the IRS Office of Employee Plans, the American Retirement Association suggested enhancements in the interim amendment process for pre-approved plan documents. The ARA indicates that the…
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ARA Endorses Interim Amendment Process Improvements for Pre-Approved Plans
ERISA 05.18.2020

How Errors & Omissions Coverage Protects Pension Professionals from Costly Mistakes

It can be difficult for pension professionals to juggle servicing multiple employee benefit plans at once. With Errors and Omissions protection, pension professionals safeguards against covered losses from any actual or alleged negligent act, error, or…
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How Errors & Omissions Coverage Protects Pension Professionals from Costly Mistakes