by Girish Anand | Jan 12, 2020 | DOL
The Department of Labor (DOL) today announced a final rule to update the regulations interpreting joint employer status under the Fair Labor Standards Act (FLSA). The regulations have not been meaningfully updated in more than 60 years. Under the FLSA, an employee may...
by Girish Anand | Jan 8, 2020 | Retirement Plans
The SECURE Act (Setting Every Community Up for Retirement Enhancement Act) became law as part of the year-end federal budget package signed by President Trump in December, and looks to be the most important piece of retirement legislation in a decade or more. The...
by Girish Anand | Jan 8, 2020 | EBSA
Trader Joe’s, the iconic food retailer, has been sued over its retirement plan by former employees who claimed to have lost millions of dollars through the company’s mismanagement of their funds. At issue is the fee charged annually for the maintenance of...
by Girish Anand | Jan 5, 2020 | ACA, Affordable Care Act, Obamacare, U.S. Supreme Court
UPDATE: On Jan. 7, the Supreme Court set a Friday afternoon deadline for ACA opponents to respond to the Blue State coalition’s request to expedite the case to be resolved before the November 2020 election. Led by California, a coalition of 20 Blue State...
by Girish Anand | Jan 1, 2020 | DOL, Overtime Rules
New Year’s Day ushers in a new Department of Labor (DOL) overtime rule, which raises the salary exemption threshold from $23,660 a year to $35,568, or from $455 a week to $684. Those employees making less than that new amount are eligible for overtime pay....
