Rezoning of 1,200 lots adopted but blocked by the contribution plan

On: September 30, 2020

A proposal to rezone 143 ha of land to allow approximately 1,200 low density residential lots in Wadalba East was adopted at the September 28 Council meeting. The rezoning documents will go to the state government for approval which would allow Council to change its local planning rules. However, theRead More →

Interim Final Rule on Defined Contribution Lifetime Income Disclosure | Foley & Lardner LLP

By: Randy L. Ladd

On: September 17, 2020

In: Contribution plan

Earlier this year, we discussed the lifetime income disclosure requirement included in the Every Community Establishment for Retirement Enhancement Act of 2019 (the “SECURE Act”). When the disclosure requirement takes full effect, the benefit statement issued by each defined contribution plan governed by ERISA must include lifetime income illustrations andRead More →

September 2020