With SECURE 2.0’s increased catch-up contribution limits set to take effect next year, it’s time for 401(k) plan sponsors to brush up on the rules and consider how to administer the changes.
Under the current rules, 401(k) plans may allow
Snell & Wilmer Blogs
Latest from Snell & Wilmer
Fundamental Shift Coming in Real Estate Agent Compensation
By: Ben Reeves
The National Association of Realtors (NAR) has been the subject of several recent lawsuits alleging anticompetitive conduct. In a nutshell, the allegations are that agents restrict the flow of information regarding homes for sale, and leverage that
Supreme Court Hold Copyright Act’s Statute of Limitations Does Not Limit Damages Period
By: Zach Schroeder
The U.S. Supreme Court held the Copyright Act’s three-year statute of limitations does not equate to a three-year limit on damages when plaintiffs bring claims under the Act using the discovery rule doctrine. In doing so, the
The 2024 HIPAA Privacy Reproductive Health Care Regulations – Five Takeaways for Group Health Plans
On April 26, 2024, the Office for Civil Rights (“OCR”) at the U.S. Department of Health & Human Services (“HHS”) published a final rule to amend the HIPAA Privacy Rules to support reproductive health care privacy (the “Reproductive Health Care
Supreme Court Asked to Clarify Activities that Give Rise to Specific Personal Jurisdiction
In Impossible X LLC v. Impossible Foods Inc., Impossible Foods recently filed an opposition to Impossible X’s petition for certiorari, which asks the Supreme Court to decide (1) whether some disputes should require so-called “rough causality” before finding
New U.S. Supreme Court Case Casts a Wide Net on What Is Considered Discrimination
By Tiffanny Brosnan and Marian Zapata-Rossa
Title VII, the federal standard for workplace discrimination cases, prohibits discrimination against individuals with respect to their “compensation, terms, conditions, or privileges of employment,” based on the individual’s “race, color, religion, sex or national
EPA opens the Door to Widespread Liability to Businesses
EPA’s listing of two “forever Chemicals” as CERCLA hazardous substances will re-open sites that companies had thought were closed. And every user of a product that contained them may become responsible for a share of the remediation costs.
The EPA’s
EPA Finalizes PFAS Drinking Water Rule
by Patrick Paul
On April 10, 2024, President Biden’s Environmental Protection Agency (EPA) has recently finalized a significant rule addressing per- and polyfluoroalkyl substances (PFAS) in drinking water, marking the first time that legally enforceable drinking water standard to protect
SEC Pauses Climate Change Disclosure Rules
by Patrick Paul, Shawane Lee, and John Habib
The Securities and Exchange Commission (SEC) recently made a significant decision to pause its implementation of new rules aimed at enhancing climate change disclosures by public companies. (Order Issuing
Donning the Plan, Forgetting the Top Hat: A Common Oversight in ERISA Compliance
When drafting a deferred compensation plan or agreement for a key employee (a “top hat plan”), the focus is almost always on the terms of the plan. In the process, many employers miss a crucial step—filing the top hat statement