It is again time for plan sponsors to distribute their annual notices to participants. Outside of the normal changes to plan COLAs (which we expect to be announced anytime) and investment expense ratios, plan sponsors will want to consider and incorporate any changes made to their plan in the past year into this year’s annual notice. As a ...
Earlier this month, the US Department of Labor (“DOL”) issued a proposed rule that would reverse their own 2020 interpretation of the fiduciary investment rules. The proposed rule would allow fiduciaries managing the investments for retirement plans to choose investments while also considering environmental, social, and governance ...
This week the DOL, IRS and HHS jointly issued FAQs regarding the rules surrounding when an employer can charge an unvaccinated worker more in its health plan. This guidance doesn’t provide new information, but only confirms what most practitioners (including those at Graydon) have been advising – to charge a surcharge you must follow the ...