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Save It for a Rainy Day: Recent Amendment Extensions for Qualified Retirement Plans, 403(b) Plans and Individual Retirement Accounts

McDermott Will & Emery Employee Benefits

The post Save It for a Rainy Day: Recent Amendment Extensions for Qualified Retirement Plans, 403(b) Plans and Individual Retirement Accounts appeared first on EMPLOYEE BENEFITS BLOG.

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Employment Agreements and Employment Litigation

McDermott Will & Emery Employee Benefits

In these slides, McDermott Partners Andrew Liazos and Ashley Altschuler summarize some of the key developments in hiring, executive compensation, remote work and more. The post Employment Agreements and Employment Litigation appeared first on EMPLOYEE BENEFITS BLOG. Access the slides.

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Save It for a Rainy Day Part 2: IRS Announces Additional Plan Amendment Extensions

McDermott Will & Emery Employee Benefits

On September 26, 2022, the Internal Revenue Service (IRS) extended the amendment deadline for non-governmental qualified retirement plans, plans covered under Section 403(b) of the Internal Revenue Code (Code) and individual retirement accounts (IRAs).

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The Fiduciary Duties of 457(b) Plans and How to Mitigate Potential Risks

McDermott Will & Emery Employee Benefits

Fiduciaries of 403(b), 401(a) and 457(b) retirement plans have come under increased scrutiny in recent years, in part due to participant lawsuits filed against plan sponsors and the resulting media attention.

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Family Office Tax Webinar Replay: Compensation Strategies

McDermott Will & Emery Employee Benefits

Our first webinar covered the legal, tax and administrative considerations a family […] The post Family Office Tax Webinar Replay: Compensation Strategies appeared first on EMPLOYEE BENEFITS BLOG.

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Prescription Drug Data Reporting: What the “Good Faith Compliance” Extension Really Means for Self-Funded Group Health Plans

McDermott Will & Emery Employee Benefits

The post Prescription Drug Data Reporting: What the “Good Faith Compliance” Extension Really Means for Self-Funded Group Health Plans appeared first on EMPLOYEE BENEFITS BLOG. The FAQ provides limited, albeit welcome, relief by extending the time for reporting information under the prescription drug data […].

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SEC Adopts Final Pay Versus Performance Rules

McDermott Will & Emery Employee Benefits

The post SEC Adopts Final Pay Versus Performance Rules appeared first on EMPLOYEE BENEFITS BLOG. The Dodd-Frank Act added Section 14(i) to the Securities Exchange Act of 1934, which directs the SEC to adopt rules […].