Groom: In Brief

On Friday, July 3, Treasury posted its regulatory agenda, which includes the following health and welfare-related provisions: Proposed...

As the Trump account go-live date approaches, regulatory guidance is arriving on several fronts. On June 29, the IRS issued Revenue...

With only a few days until launch, Treasury announced that all Trump Accounts will be defaulted into investing in the State Street SPDR...

In the past few years, several cases have been filed against ESOP fiduciaries who allegedly invested employer contributions in an ESOP's...

The IRS rarely rules on issues involving life insurance and annuity contracts, so recent IRS private letter rulings 202625002 and...

On June 22, 2026, as required by the court, the Defendants, the Department of Health and Human Services ("HHS"), filed their opposition...

On June 5, 2026, the Treasury Department and IRS issued IRS Notice 2026-36 (the “Notice”), announcing that proposed regulations under IRC...

On June 3, 2026, plaintiffs City of Columbus et al. (including municipalities, local governments, and advocacy organizations) filed a...

On May 20, 2026, Governor Spanberger signed SB 199/HB 5, a new statewide Paid Sick Leave (“PSL”) program (“Act”). Virginia previously...

Today, the IRS issued Revenue Procedure 2026-24, which provides inflation adjustments for Health Savings Accounts ("HSAs"), Excepted...

The IRS regulations (Treas. Reg. section 1.408-2(e)(5)(ii)) provide a mathematical rule for nonbank trustees to demonstrate that they...

On 5/28/26, the Departments of Health and Human Services, Labor, and the Treasury released final rules modifying the Federal independent...