Sep 23, 2019 | Employee Benefits & ERISA News
On September 19, 2019, the IRS issued final regulations updating the rules for hardship distributions from 401(k) plans and certain other qualified plans. The final regulations largely reflect changes made by the Tax Cuts and Jobs Act and the Bipartisan Budget Act of... read more
Jan 28, 2016 | Employee Benefits & ERISA News
The Eighth Circuit ruled that an insurance company that offered investment options and associated services to employees participating in a retirement plan was not acting as a fiduciary with respect to allegedly excessive fees it charged plan participants. The ruling... read more
Sep 17, 2014 | Employee Benefits & ERISA News
Fraser Stryker PC LLO is proud to have had the opportunity to be a sponsor of the 2014 Society for Human Resource Management (SHRM) Nebraska Conference [http://www.shrm-ne.org/Conference.aspx/] held September 11-12 at the CenturyLink Center in Omaha, Nebraska. Fraser... read more
Jul 22, 2014 | Employee Benefits & ERISA News
On June 30, 2014, the United States Supreme Court issued its opinion in Burwell v. Hobby Lobby. In this much anticipated decision, the Supreme Court determined that closely-held corporations are not required to provide contraceptive coverage without cost sharing... read more
Jul 21, 2014 | Employee Benefits & ERISA News
Courts will no longer afford trustees of Employee Stock Ownership Plans (“ESOPs”) a presumption of prudence, due to a recent decision from the United States Supreme Court. In Fifth Third Bancorp v. Dudenhoeffer, the Court struck down what was known as the... read more
Jul 21, 2014 | Employee Benefits & ERISA News
A recent settlement between United States Department of Labor (“DOL”) and trust company GreatBanc has resulted in a list of safeguards that should be considered best practices by trustees of employee stock ownership plans (“ESOP”). In Perez v.... read more
