Call Us Today 617-357-5200
Sophisticated Legal Solutions Boutique-Style Service
The U.S. Department of Labor ("DOL") published its long awaited proposed rule addressing conflicts of interest in retirement advice. The new proposal broadens the scope of retirement advisors subject to the DOL fiduciary standard. The proposed rule also includes...
A federal judge in Texas has granted a temporary injunction preventing the DOL from enforcing its new rule under the Family and Medical Leave Act ("FMLA") that would extend FMLA protections to same-sex couples. The injunction resulted from a lawsuit filed by the state...
The Employee Retirement Income Security Act of 1974 ("ERISA") and the Internal Revenue Code ("Code") regulate employer-sponsored retirement, executive compensation, welfare and fringe benefit plans. Both ERISA and the Code require certain plan features. In addition,...
My spouse and I spend winters in Florida and are considering making Florida our legal residence. We have been told that aside from the weather, Florida offers a favorable "tax climate." Is that true? Yes, for several reasons. For example, Florida has neither an income...
Background. On February 24, 2015, the Supreme Court heard oral arguments in Tibble v. Edison International which involves the application of ERISA's six-year statute of limitations. The limitations period during which a retirement plan participant may bring a lawsuit...
The White House and the U.S. Department of Labor ("DOL") have released new information concerning the DOL's highly anticipated proposal to revise its fiduciary definition under ERISA. The DOL proposal has not yet been published, but the Obama Administration has...
Tom Clark's expertise encompasses all aspects of employee benefits programs, including the design, implementation and compliance of retirement plans, health and welfare plans, and executive and incentive compensation arrangements. He has a robust practice assisting...
Anthem, Inc., one of the country's largest health insurance companies, announced on February 5, 2015 that approximately 80 million customers have had their account information stolen. Such information included names, birthdays, medical IDs, Social Security numbers,...
The U.S. Department of Labor ("DOL") has provided new guidance to plan fiduciaries of terminated defined contribution plans for locating missing or unresponsive participants in order to distribute their benefits. The guidance, which comes in the form of Field...
This week marks the 40th anniversary of a landmark event that, along with Social Security, has shaped the retirement landscape in the United States. President Gerald Ford's signing into law of the Employee Retirement Income Security Act (otherwise known as ERISA) on...