E-Alerts

Sign up to receive regular informational email updates on matters within the Firm’s scope of practice. In addition, Smith & Downey will send you information on its upcoming seminars to help you and your team stay on top of emerging changes and trends in the areas of employee benefits, executive compensation and employment law, and related litigation.


201801.15
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New Maryland Paid Sick Leave Law

The Maryland General Assembly voted on January 12, 2018 to override Governor Hogan’s veto of the “Maryland Healthy Working Families Act,” a bill that will require Maryland employers to provide “Earned Sick and Safe Leave” (ESS) to employees.  The law will go into effect on February 11, 2018 unless the General Assembly acts to delay…

201712.22
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New Tax Law – Additional Details

We have been very busy brainstorming with our clients about the impact of the new tax bill on their employee benefit and executive compensation plans and the participants in those plans. Most of our conversations have been with our tax-exempt and governmental clients that are contemplating before-year-end actions to address the new 21% penalty tax…

201711.28
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Workplace Harassment Seminar – January 10, 2018

Since the passage of Title VII of the Civil Rights Act of 1964, employers have been vulnerable to employee claims of sexual harassment.  The defense of these claims is expensive, and the cost of losing a sexual harassment lawsuit can be devastating.  Additionally, sexual harassment in the workplace is a degrading influence that undermines employee…

201711.11
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Employer Fiduciary Exposure/Risks to Employers in Vendor Agreements;

Fiduciary Exposure/Risks in Vendor Agreements. As we have discussed at our Seminars and in prior e-Alerts, the new DOL Fiduciary Rule (significantly expanding the definition of investment fiduciaries and imposing extensive new requirements on them) went into effect earlier this year.  One effect of this radical new Rule has been the generation of replacement service…

201711.02
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Employer Fiduciary Exposure/Risks to Employers in Vendor Agreements; May 10, 2018 Clients & Friends Seminar: October 6, 2018 Clients & Friends Celebration

Fiduciary Exposure/Risks in Vendor Agreements. As we have discussed at our Seminars and in prior e-Alerts, the new DOL Fiduciary Rule (significantly expanding the definition of investment fiduciaries and imposing extensive new requirements on them) went into effect earlier this year.  One effect of this radical new Rule has been the generation of replacement service…

201709.18
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Upcoming Seminar: “Matters of Life and Death” in the Workplace

in Events

Birth and death are the two universal human experiences.  Not surprisingly, there are multiple employment laws that pertain to these key life experiences. We will offer a seminar that discusses birth-related workplace issues such as leave and accommodation rights of new parents and lactation laws for new mothers. The seminar also will provide an overview of…

201707.17
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Tax-Qualified and 403(b) Retirement Plans—Important Document Compliance Issues for Employers

Over the past several months, the IRS has made significant changes to the way that retirement plan sponsors assure document compliance. As we previously reported, effective January 1, 2017, the IRS ended its every five year determination letter program for individually designed tax-qualified retirement plans. On January 13, 2017, the IRS confirmed that it would…

201703.31
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Expanding Plaintiffs’ Litigation – Risk Management For Employers; Upcoming Seminar

Building Defenses Against Plaintiffs’ Claims.  As we previously reported, the plaintiffs’ bar has discovered ERISA, and lawsuits — class action and individual — against employers alleging ERISA violations have become an epidemic. In previous e-Alerts and at our Seminars we have emphasized particularly protecting against the risks posed by lawsuits alleging ERISA fiduciary breaches concerning…

201703.20
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May Seminar

As previously announced, we’ll be holding our next clients and friends seminar at the BWI Marriott on Thursday May 11, 2017, from 8 a.m. to noon. The following are some of the topics we’ll cover at the seminar.  (As always, we expect to add topics to reflect developments between now and May 11.) I.   Health…

201702.07
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DOL Fiduciary Rule Update; May Seminar

DOL FIDUCIARY RULE UPDATE. On February 3, the President issued a Presidential Memorandum directing the Secretary of Labor to: “Examine the Fiduciary Duty Rule to determine whether it may adversely affect the ability of Americans to gain access to retirement information and financial advice. As part of this examination, you shall prepare an updated economic…