The standards that ERISA fiduciaries owe to the plans they oversee have been called “among the highest duties known to law... more exacting than the duties imposed upon common law trustees.” In recent years, ERISA fiduciaries of retirement plans have experienced heightened scrutiny from plan Continue Reading
The IRS Releases Grab Bag Guidance on the SECURE 2.0 Act
The Bottom Line Almost a year after the SECURE 2.0 Act of 2022 was enacted as part of the Consolidated Appropriations Act, 2023, the IRS released guidance (Notice 2024-2) in the form of a grab bag Q&A aptly named “Miscellaneous Changes Under the SECURE 2.0 Act of 2022.” The Notice covers Continue Reading