Prudent appointment and monitoring of Russell Investments Trust Company (“Russell”) as an ERISA section 3(38) investment manager by the 401(k) Plan Committee (“Committee”) for the Caesars Entertainment Corporation Savings & Retirement Plan (“Plan”) recently paid dividends for the Committee and the plan sponsor, Caesars Holdings, Inc. (“Caesars”)
The IRS has issued long-awaited final regulations regarding the requirement included in the SECURE 2.0 Act of 2022 that catch-up contributions made during a plan year under a 401(k) or 403(b) plan by participants with FICA wages from the employer sponsoring the plan during the prior calendar year that exceed a specified dollar amount may
On August 7, 2025, President Trump issued an Executive Order (“Order”) directing the Department of Labor (“Department”) and U.S. Securities and Exchange Commission (“SEC”) to, no later than February 3, 2026, issue rules or guidance – potentially including a safe harbor – intended to encourage the inclusion of alternative assets, such as private equity, cryptocurrency