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ARPA Multiemployer Pension Plan Special Financial Assistance Program: What It Is, and What to Consider

"This update describes key features of the IFR and IRS guidance ... [T]his article also discusses what contributing employers may wish to monitor in those affected plans and what they may need to consider in terms of their own business planning."

DOL’s Final Rule on Investment Duties of ERISA Fiduciaries and Its Impact on Retirement Plan ESG Investing

"The Final Rule clarifies that ERISA's duty of loyalty, which requires a fiduciary to act solely in the interest of plan participants and beneficiaries for the exclusive purpose of providing benefits and defraying expenses, applies to the evaluation of investments and investment courses of action. The Final Rule therefore states that the duty of loyalty forbids ERISA fiduciaries from sacrificing investment returns or taking additional risks to promote non-pecuniary goals. Thus, ERISA fiduciaries may not select ESG investments to promote any goal other than ensuring financial benefits for plan participants."

Potential Impact of Trump Tax Reform Plan on Retirement Plans: What's Old Could Be New Again

"While the Trump Administration has stated that the current version of its 2017 Tax Proposal does not reduce pre-tax contributions to 401(k) plans, speculation continues that a later draft may include curtailment of these contributions or other changes with a similar impact.... [T]he 2014 Tax Proposal provides some insight into the types of provisions that ultimately could be included."