Firm Highlights
News
401(k) Student Loan Match Perk Hindered by Employer Hesitation
Verrill’s Lisa Boehm was recently quoted in a Bloomberg Law article titled, 401(k) Student Loan Match Perk Hindered by Employer Hesitation. The article, authored by Ben Miller, discusses how companies are hesitant to adopt...
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Comprehensive employee benefits representation of regional health system
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Special project of long-time Fortune 500 client
For more than 25 years, Verrill has served as outside employee benefits counsel to a large, publicly traded insurance company. We helped this client develop a pioneering emergency savings vehicle within its 401(k) plan...
Blog
Final Mental Health Parity Rule Spells Compliance Changes
The long-anticipated final rule under the Mental Health Parity and Addiction Equity Act (MHPAEA) was published on September 9, 2024. The MHPAEA prohibits group health plans that provide mental health and substance use disorder...
Blog
DOL Updates Cybersecurity Guidance for ERISA Plans
On September 6, 2024, the U.S. Department of Labor (DOL) issued a press release announcing that it was publishing updated cybersecurity guidance in the form of Compliance Assistance Release No. 2024-01 for all plans...
Blog
Department of Labor Launches Retirement Savings Lost and Found
The SECURE 2.0 Act of 2022 added new Section 523 to the Employee Retirement Income Security Act of 1974 (“ERISA”), requiring the Department of Labor (the “Department”) to establish an online database called the...
Publication/Podcast
FTC’s Non-Compete Ban: Status & Next Steps
UPDATE - August 21, 2024 Yesterday afternoon (August 20, 2024), the United States District Court for the Northern District of Texas blocked the Federal Trade Commission’s (FTC) Final Rule banning most non-competition agreements between...
Blog
Retirement Plan Overpayment Corrections Continue to Evolve
For over twenty years, the IRS has provided guidance on correcting overpayments from retirement plans through its correction program, the Employee Plans Compliance Resolution System, currently set forth in Revenue Procedure 2021-30 (“EPCRS”). [1...
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Health and welfare plan counsel to Fortune 500 companies
Verrill advises several Fortune 500 companies regarding health and welfare plan legal compliance matters. Our team helps these large and demanding employers navigate a wide variety of legal compliance challenges, including COVID-19 vaccination incentives...
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Employee benefits transaction counsel
We advised a large physician network regarding the employee benefits and executive compensation aspects of its acquisition by a subsidiary of one of the largest health insurance companies in the country. The complex transaction...
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