Richard Birmingham

Washington State recently enacted an income tax, effective January 1, 2028, on earners with income in excess of $1 million, which has left critics speculating that this tax will rapidly expand to other taxpayers in future...more The U.S. Department of Labor (DOL) recently issued proposed regulations providing defined contribution (DC) plan fiduciaries with a prudence-focused safe harbor for any DC plan "designated investment alternatives," including...more We are excited to announce the DWT 2026 Employee Benefits Client Seminar, taking place on Tuesday, March 31, 2026, at our Seattle office and live-streamed online. Lunch and a special plan sponsor panel that you won’t want to...more President Trump has issued an Executive Order ("Order") to enable defined contribution plans (e.g. 401(k) and 403(b) plans) to invest in "alternative assets," such as private equity, real estate and digital assets. The Order...more