Recent Updates

On April 14, 2021, the Department of Labor (DOL) announced new guidance on best practices for maintaining cybersecurity. This is the first time the department’s Employee Benefits Security Administration (EBSA) has issued such advice.

The guidance comes in three forms:

Tips for Hiring a Service Provider: Helps plan fiduciaries prudently select a service provider with strong ... Read More ›

The Department of Labor’s Office of Labor-Management Standards (OLMS) has announced that it will publish notice of an intended rulemaking to propose rescission of the Form T-1 Trust Annual Report, established by a March 2020 final rule. As communicated previously, Form T-1 required annual reporting on financial information pertinent to “trusts in which ... Read More ›

On Thursday, March 11, 2021, the President signed into law the American Rescue Plan Act of 2021 (ARPA). ARPA is a $1.9 trillion stimulus bill that includes billions of dollars for small businesses and not-for-profit organizations. Title V, Sec 5001 amended the CARES Act in relation to the Paycheck Protection Program (PPP). This included creating a new category ... Read More ›