Bloomberg Law
Feb. 27, 2020, 7:30 PMUpdated: Feb. 27, 2020, 9:08 PM

Intel 401(k) Ruling Settles One Issue, Leaves Others Waiting (1)

Lydia Wheeler
Lydia Wheeler

In settling one dispute over the law that governs retirement plans, the Supreme Court may have opened the door for others down the road.

The court set a new standard for determining the deadline for litigation over 401(k) plans under the Employee Retirement Income Security Act in a unanimous ruling Wednesday, but attorneys for plan sponsors say the decision left additional questions unanswered that could make their way back into court.

Sending employees and retirees plan information online or by mail isn’t enough for employers to shorten the six-year deadline for litigation to three years, the high court found. The ...

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