Written by members of Faegre Drinker’s benefits and executive compensation team, this blog features analysis and information on matters related to retirement plans, health and welfare plans, ESOPs, fiduciary governance, and other benefits issues. This quarterly digest provides links to our most popular posts during the past few months so that you can catch up on what you missed or re-read them.
Stop the Presses — Annual Funding Notice Guidance Issued
By Inés Sosa & Mark Rosenfeld
On April 3, 2025, the U.S. Department of Labor issued guidance on the Annual Funding Notice changes made by the SECURE Act 2.0 and provided model notices. Pension plan administrators should review and revise their annual funding notices in light of the new guidance.
Navigating Cryptocurrency Investments in Employer-Sponsored Retirement Plans
By Mona Ghude & Kristina Ferris Salamoun
As cryptocurrency’s popularity as a high-risk, high-reward investment option grows, the question of incorporating cryptocurrency into employer-sponsored retirement plans has sparked debate among regulators, employers and investors alike.
DOL and Other Agencies Announce Non-enforcement of 2024 Regulation Regarding the Mental Health Parity and Addiction Equity Act
By Karen Gelula & Allison S. Egan
The DOL, the HHS and the IRS announced they will not enforce the 2024 Final Rule regulations for the Mental Health Parity and Addiction Equity Act. The agencies noted they will reconsider or modify the 2024 Final Rule, and each department will review its enforcement approach.