Legislation Insights

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What’s Going On in Washington?

Exploring current ERISA and DOL areas of interest.
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Understanding the DOL Fiduciary Rule Update: A Guide for Retirement Plan Sponsors

On April 23, 2024, the Department of Labor (DOL) announced significant updates to the fiduciary rule. For retirement plan sponsors, understanding the nuances of this rule is critical in navigating the world of fiduciary responsibilities.
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Greenspring Advisors Corporate Retirement Plan Administration Insights Greenspring Advisors Corporate Retirement Legislation Insights

SECURE Act Update: Long-Term, Part-Time Overview for 2024

Effective on January 1, 401(k) plans must allow employees who have worked more than 500 hours of service in three consecutive 12-month periods to contribute elective deferrals to the plan.
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Greenspring Advisors Corporate Retirement Plan Administration Insights Greenspring Advisors Corporate Retirement Legislation Insights

IRS Provides Two-Year Delay in Roth Catch-Up Requirements

The Internal Revenue Service (IRS) has granted a two-year delay in the Roth catch-up requirements. This decision brings relief to retirement plan participants and sponsors who were facing looming compliance deadlines. Let's delve into the details of this breaking news.
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SECURE Act 2.0: What 401(k) Managers Need to Know for 2024

SECURE Act 2.0 Long-term, part-time employees become eligible to participate in the 401(k) plan. Catch-up contributions are required to be Roth if the participant earns more than $145,000 in W-2 compensation.
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Greenspring Advisors Corporate Retirement Legislation Insights

Webinar: SECURE Act 2.0: What Plan Sponsors Need to Know (and Do)

Join Greenspring Advisors as we host Mary Grason, Owner; Pollard & Associates, and Adrienne Robertson, Head of Regulatory and Fiduciary Services; Transamerica, on a topical discussion regarding the newly legislated Secure Act 2.0.
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BREAKING: President Biden’s Student Loan Relief Plan

As you have probably heard, President Biden last week announced his long-awaited student loan relief plan, with the headline being $10,000 in student debt cancellation for certain borrowers.
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Greenspring Advisors Corporate Retirement Legislation Insights

Webinar: Legal and Regulatory Update for Plan Sponsors

Watch Greenspring Partner, Greg Hobson, and cohost Frank Nessel, Senior ERISA Consultant with Vanguard, have a topical discussion regarding administrative and fiduciary regulatory developments for plan sponsors.
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Greenspring Advisors Corporate Retirement Legislation Insights

Senate Control May Fuel Retirement Policy Moves

Throughout the presidential campaign, we heard several proposals pertain to retirement and retirement plans that President Biden is likely to pursue now that he’s taken office.
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