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Recent Fiduciary and Tax Decisions Have Special Importance to Plan Sponsors and Fiduciaries
Pillsbury Winthrop Shaw Pittman LLP Link to more items from this source
July 17, 2014
12 pages. Excerpt: "First is a discussion of the U.S. Supreme Court's recent decision in Fifth Third Bancorp v. Dudenhoeffer ... Second is an article on breach of fiduciary duty claims due to the payment of excessive mutual fund fees and recordkeeping fees.... Third, the Supreme Court held arbitration clauses enforceable that are linked to class action waivers ... Thus, the risk of class actions could be significantly reduced by having plan participants enter into an arbitration agreement that includes a class action waiver.... Finally, the Supreme Court addressed whether supplemental unemployment benefits, i.e. severance pay, is subject to FICA tax withholding."

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