New #ERISA case from the U.S. Supreme Court
Whether claims against an ERISA fiduciary predicated on fund underperformance must allege a "meaningful benchmark" for the requisite "care, skill, prudence, or diligence"? www.audioarguendo.com/listen.php?c...

ERISA does NOT grant an exemption to plans in Puerto Rico. An ERISA bond is a "global" requirement. Read more!
erisablog.com/erisa-bond-p... #ERISA #ERISABonds #surety #pensionplanners #401K #retirement

SCOTUS heard Anderson v. Intel yesterday. The ERISA meaningful benchmark rule the Court writes will set claim frequency and pricing for every 401(k) fiduciary liability placement in the country. My analysis: erisablog.com/erisa-meanin... #ERISA #FiduciaryLiability

A new #lawsuit challenges #UnitedHealthcare's policy of not applying financial support from a drug #ManufacturerCoupons towards a patient’s deductible or annual out-of-pocket maximum as an #ERISA violation. Definitely worth watching. buff.ly/PHsiVMu

She put money into CalPERS for decades. It demanded she repay $1 million over a part-time job

calmatters.org/politics/202...

#CalPERS #Pensions #ClawbackLawsuit #ERISA #EmployeeRights

Why Plan Errors Should Be Fixed Quickly 

Retirement plan failures can be corrected, but delaying a correction often increases the cost.

#RetirementPlans #IRSCompliance #EmployeeBenefits #PlanCorrections #ERISA #RetirementLaw

Why buy an ERISA fidelity bond AND fiduciary liability coverage? Well, here is your answer!

erisablog.com/erisa-fideli...

#ERISA #ERISAbond #fiduciary #fiduciaryliability

What Is a Retirement Plan Qualification Failure? 

Retirement plans receive valuable tax benefits, but those benefits depend on following specific rules.

#RetirementPlans #PlanCompliance #ERISA #EmployeeBenefits #QualifiedPlans #RetirementLaw

Liberty Mutual 401(k) Forfeiture Case ‘Appears to Fail,’ per District Judge

www.planadviser.com/liberty-mutu...

#401k #ERISA #LibertyMutual #FiduciaryDuty #RetirementFunds

Employees sue USI over voluntary benefit commissions. Which policy pays? Not the ERISA bond. Fiduciary liability insurance responds, but the disgorgement carve-out is where the money is. Full analysis on erisablog.com/usi-voluntar... #ERISA #suretybond #ERISAbond #fiduciary #fidelitybond

ERISA Section 412 requires every plan fiduciary handling funds to carry an ERISA fidelity bond: 10% of assets handled, $1,000 minimum, $500,000 maximum. Instant-issue bonds, inflation guard, non-qualifying asset coverage and TPA programs at erisa-bonds.com #ERISA #FidelityBond #401k

9th Circuit says ERISA doesn't preempt provider misrepresentation claims over verification calls. 6th says it does. A split with significant consequences for plan sponsors and fiduciary coverage erisablog.com/erisa-preemp... #ERISA #FiduciaryLiability @NAPA401K @usa_retirement @ASPPA @BenefitsLink