United States: Retirement, Superannuation & Pensions

For many couples, divorce later in life does not come after years of visible conflict. It follows a quieter realization – after children are grown and careers are established or winding down – that the marriage no longer works.

Huntington Ingalls Industries faces a class action lawsuit alleging its $600 annual tobacco surcharge violates ERISA's anti-discrimination provisions.

The Trump administration has introduced a new retirement savings vehicle called Trump Accounts, designed to provide children born between 2025-2028 with a $1,000 federal pilot contribution. While Treasury and the IRS have released proposed regulations clarifying eligibility requirements and contribution limits, significant questions remain unanswered regarding employer participation, ERISA exemptions, and plan document requirements that will impact how families and businesses can utilize this program.