Author: "Department of Labor Fiduciary Rule Changes," The Trusts and Estates Newsletter, Virginia State Bar, Volume 23, No 1, Spring 2017
Contributor: "Whistleblowers: The Exposure of Corporate Fraud Pursuant to the Sarbanes-Oxley Act," The Journal, Virginia Trial Lawyers Association, Volume 19, Number 2, 2007
ARTICLES
July 30, 2026
Thinking about pulling the plug on your company’s profit-sharing plan? You’re not alone—it’s one of the most common questions we receive. The good news: it’s entirely doable. The key is understanding that termination isn’t a single event but a process that requires formal employer action and a complete plan wind-up. While you may have heard of Form 5310, that IRS filing is optional and doesn’t actually terminate the plan itself.
May 28, 2026
A common question employers ask is: How long do we need to keep records related to employee benefits, and what are the rules?
March 10, 2026
New York employers who do not offer a retirement plan are about to face a new compliance obligation. The New York Secure Choice Savings Program requires covered private-sector employers to automatically enroll their employees in a state-facilitated Roth IRA through payroll deduction. With the first compliance deadline arriving on March 16, 2026, employers should assess their obligations now. New York joins a growing list of states that mandate retirement savings plans: California (CalSavers), Colorado (SecureSavings), Connecticut (MyCTSavings), Delaware (Delaware EARNS), Illinois (Secure Choice), Maine (MERIT), Maryland (MarylandSaves), New Jersey (Secure Choice), Oregon (OregonSaves), Vermont (VT Saves), and Virginia (RetirePathVA).
November 5, 2025
As employees approach age 65, it is important to provide them with clear, neutral information about their health coverage options—specifically, the choice between remaining on a company’s group health plan or enrolling in Medicare. The last quarter aligns with Medicare’s Annual Enrollment Period (October 15–December 7) and employer open enrollment. This is the right time to provide compliant, neutral materials and host educational sessions. Position the communications as balanced guidance, not a cost-savings initiative tied to older employees’ coverage decisions. Below is a summary of compliance requirements and best practices to help companies navigate this process while avoiding legal pitfalls.
