April 14, 2025
Legislation Introduced to Prohibit Rules on Retirement Plan Investments
Legislation has been introduced in the Senate and House that would largely prohibit DOL from imposing limits on the types of investments permitted in retirement plan menus.
April 11, 2025
Just a Minute! on Tax Reform and the Health Coverage Exclusion
In this edition of Just a Minute!, Council President Katy Johnson describes recent research commissioned by the Council describing the potential impact of taxing employer-provided health coverage.
April 11, 2025
Council Asks Eighth Circuit to Uphold Favorable District Court Ruling in 'Excessive Fee' Case
The American Benefits Council, through its amicus brief program, continues to push back against baseless class-action litigation alleging ERISA violations based on so-called “excessive” 401(k) plan fees.
April 10, 2025
Benefits Briefing Webinar: State of the States: Health Update
The American Benefits Council held a webinar on April 10, 2025, to focus on state-level legislative and policy activity related to health benefits in 2025.
April 10, 2025
Final Medicare Part D Program Instructions: New Standard for Creditable Coverage
The Council continues to push for modifications to recently proposed regulations governing “catch-up” retirement contributions under SECURE 2.0, emphasizing that refinements are necessary to prevent compliance challenges and disruptions for employers and plan participants.
April 9, 2025
Council Recommends Changes to Catch-Up Contribution Rules in Testimony Before IRS
The Council continues to push for modifications to recently proposed regulations governing “catch-up” retirement contributions under SECURE 2.0, emphasizing that refinements are necessary to prevent compliance challenges and disruptions for employers and plan participants.
April 8, 2025
Council Sounds Alarm Over North Dakota Bill's Impact on Employer Health Plans
The Council voiced opposition to a North Dakota bill relating to PBM regulation, citing concerns over its conflict with ERISA.
April 8, 2025
Council Urges PBGC to Issue Relief for Premium Payments
The Council, raising concerns about the potential of accidental noncompliance, asked PBGC to provide relief regarding the one-time acceleration of the premium payment deadline for the 2025 plan year.
April 7, 2025
DOL issued interim guidance to help plan administrators navigate SECURE 2.0 changes to annual funding notice requirements, including updated model notices and key compliance relief.
April 4, 2025
Just a Minute! Welcoming Kerri Willis to the Council Team
In this edition of Just a Minute!, Council President Katy Johnson introduces Kerri Willis as the new senior counsel, health policy.
April 2, 2025
Win One, Lose One: Dueling District Courts Rule Differently in Pension Risk Transfer Cases
With cookie-cutter lawsuits continuing to target defined benefit pension plan sponsors that de-risk their plans, the first federal court decisions are sending mixed messages.
April 1, 2025
Council Announces New Board Leadership
At its most recent meeting March 3-4, the American Benefits Council announced the election of new board leadership for the 2025-26 term.