Annual Regulatory
Update

This year’s annual Regulatory Update has significantly shifted from regulation to litigation. The last two publications focused largely on SECURE 2.0 provisions and their impact on retirement plans. SECURE 2.0 remains an active topic in our industry, as many mandatory and optional provisions continue to take effect. However, the litigation focused on plan sponsors and governmental agencies has taken the spotlight.

During this webinar, we discuss:

• Legislative Updates: States are leading the charge in expanding retirement plan access, with 20 states passing legislation. A federal auto-IRA program is also on the horizon, aiming to boost participation rates.
• Department of Labor: The DOL’s fiduciary and ESG rules are under legal scrutiny. 
• IRS Updates: The IRS extends its pre-examination pilot program and clarifies SECURE 2.0 provisions, including Roth employer contributions and penalty-free withdrawals for terminally ill participants.
• Judicial Trends: Retirement plan litigation is evolving, with new cases focusing on managed accounts, target date funds, and the use of forfeitures.
• Defined Benefit Plans: Pension de-risking remains a hot topic, with employers exploring lump sum buyouts and annuity purchases to manage future liabilities.

Watch this webinar to stay ahead of the curve and ensure your retirement plans are compliant and optimized.