benefits blog

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May 30, 2025

Just a Minute! on the Council's Global Benefits Committee and IBIS Academy

In the latest episode, Lynn Dudley describes the value of participation in the Council’s global benefits committee and how the its work is informed by IBIS’ educational sessions.

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May 29, 2025

DOL Rescinds Cryptocurrency Guidance as Recommended by Council

The DOL has rescinded 2022 guidance that discouraged 401(k) plan fiduciaries from offering cryptocurrency and other digital assets as investment options.

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May 29, 2025

National Paid Leave Atlas Updated with New Resources on State Paid Family Leave Laws

The Council’s interactive website tool for obtaining information on state and municipal paid family leave laws has been updated with changes to eight jurisdictions.

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May 28, 2025

Ninth Circuit Upholds Dismissal of Fiduciary Suit Over Use of Alternatives in Intel Plan

In a notable class-action lawsuit against a retirement plan, the Ninth Circuit affirmed that fiduciaries may include alternative assets in defined contribution plans when backed by a prudent, well-documented process.

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May 27, 2025

Tri-Agencies Issue RFI on Prescription Drug Machine Readable File, FAQs on In-Network/Out-Of-Network Machine Readable Files

The Trump administration is seeking public input on the rules governing price transparency for prescription drugs, relating specifically to the “machine-readable file” requirement.

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May 27, 2025

IRS Process for Assessing Employer Mandate Penalty May Be Unenforceable Under District Court Decision

A recent U.S. district court decision calls into question the IRS’ authority to assess excise taxes as penalties against employers that violate the ACA's employer mandate.

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May 27, 2025

New Council Analysis Offers Further Support for Lowering PBGC Premiums

The Council continues its defense of the defined benefit pension system with a proposal to suspend PBGC premiums, strengthened by an analysis of a similar move in the U.K.

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surveys

May 27, 2025

Survey Results Summary: Take-Up of Optional SECURE 2.0 Provisions

From May 1 to May 22, 2025, the Council surveyed retirement plan sponsors on their intentions and experience with respect to various provisions of the SECURE 2.0 Act of 2022.

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May 23, 2025

Just a Minute! on Mental Health Awareness Month

Council President Katy Johnson discusses employers’ role in providing mental and behavioral health support to millions of families nationwide and discusses recent regulatory policy developments.

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May 22, 2025

House Passes 'Big, Beautiful' Budget Bill, Including Longstanding Council HSA Priorities

Republicans' sweeping budget bill includes a number of benefits-related provisions, including several HSA expansion measures long sought by the Council.

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May 21, 2025

House Committee Advances Council-Backed Bill Expanding 403(b) Investment Options

The House Financial Services Committee voted to approve the Retirement Fairness for Charities and Educational Institutions Act, advancing a bill strongly supported by the American Benefits Council. 

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May 20, 2025

Retirement Plan Tax Glitch Corrected in Reconciliation Bill After Council Raises Issue

A problematic tax provision was removed from congressional Republicans’ budget reconciliation bill after the American Benefits Council raised the issue with lawmakers.

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