News & Publications

Publications

April 21, 2015
The Department of Labor (DOL) released a new proposed rule last week that will change who is considered a fiduciary of a qualified plan, IRA or health savings account (HSA) (the Fiduciary Rule). We believe this rule will have limited impact on plan sponsors. However, given the extensive commentary on the Fiduciary Rule, plan sponsors should understand how the Fiduciary Rule could impact them. For more information, please read our client alert.
April 17, 2015
April 16, 2015
April 16, 2015
April 15, 2015

Kutak Rock attorneys Brian Bartels and John Schembari authored an article, “Fiduciary Duties in the Public Sector,” in the April 2015 edition of Benefits Magazine.

April 6, 2015
April 6, 2015
Last week, the IRS announced changes to its voluntary program that allows employers to correct retirement plan operational errors. The program, known as the Employee Plans Compliance Resolution System (EPCRS), allows employers to correct operational errors by either (i) seeking IRS approval of a proposed corrective action; or (ii) self-correcting by taking a prescribed corrective action.Please read our client alert for additional information.
April 2, 2015

Kutak Rock of counsel attorney Robert Jaffe published an article with associate attorney Nicole Moriarty, providing insights on minimizing risks in securitization and other financial transactions. The article was featured in the Review of Banking and Financial Services, a periodic review of legal developments affecting lending and other financial institutions.

March 23, 2015

Kutak Rock Partner Gilbert Boyce authored an article, “The Attorney-Client Privilege and Work-Product Doctrine in Internal Investigations: Avoiding a Common Pitfall,” in the Winter 2015 issue of The Commercial Law Connection, a publication by The National Bar Association Commercial Law Section.

March 20, 2015

Plan administrators of 401(k) and other participant-directed plans must provide participants with information about the fees associated with the plan (fee disclosures) at least annually. When the rules were first released, the Department of Labor (“DOL”) required plan administrators to provide the fee disclosures no later than 12 months after the prior fee disclosure was mailed. This rule created practical difficulties and caused each plan’s fee disclosure deadline to move over time. Yesterday, the DOL released a revised rule that corrects these issues.

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