Alison FayJan 33 minDOL Issues FAB 2021-03 with Guidance on CAA Fee Disclosure Rules for Group Health PlansDOL Guidance on CAA Fee Disclosure Rules for group health plans
Sherrie BoutwellOct 1, 20215 minMental Health Parity After CAA: A Primer and Next Steps HEALTH & WELFARE JOURNAL of PENSION BENEFITS ISSUES IN ADMINISTRATION, DESIGN, FUNDING, AND COMPLINACE Volume 29 • Number 1 • Autumn 2021...
Boutwell FayMay 18, 20216 minIs Your Plan Cybersecure Right Now?Is Your Plan Cybersecure Right Now? Not a day goes by without another news story about a cybersecurity incident compromising the data of...
Boutwell FayApr 21, 20217 minCOBRA Subsidies (Your Questions Answered)We have been getting many questions regarding COBRA subsidies under the American Rescue Plan Act of 2021 (“ARPA”), which we answer later...
Boutwell FayApr 20, 20216 minEducational Assistance Programs Allow Employers to Pay Their Employees’ Student Loans...Alison Smith Fay A special provision in the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) signed by the President on...
Alison FayMar 11, 20216 minCAA Brings Temporary Additional Flexibility for Flexible Spending Accounts At the end of 2020 Congress enacted the Taxpayer Certainty and Disaster Tax Relief Act of 2020, which was part of the...
Sherrie Boutwell / Kathleen BassJan 7, 20215 minWe're Off To The Races: Restatement Period Opens for Pre-Approved Defined Contribution PlansIn June, the IRS announced that they were issuing opinion letters for pre-approved defined contribution plan documents. Now that it is...
Sherrie BoutwellDec 31, 20205 minPlop, Plop, Fizz, Fizz, Oh, What A Relief It Is!The Consolidated Appropriations Act 2021 (the “CAA”) was signed into law on December 27, 2020 and provides, among many other things, a...
Evan Giller Sep 30, 20204 minLook Before You Leap: Multiple Employer Plans Now A Target Of Free LitigationDefined contribution plans continue to be the targets of litigation alleging that the plans have been mismanaged and that their ...
Kathleen BassAug 31, 20204 minCalifornia Fully-Insured Health Plans Affected by New Criteria for Registered Domestic PartnershipsOn July 30, 2019, Governor Newsom of California signed into law SB30, which amends California Family Code criteria to register a ...
Ruel Pile Aug 19, 20205 minWhen Does a COVID-19 Furlough or Layoff Trigger a Partial Termination for Your Qualified Plan? (P2)We posed this question in our May Newsletter. Since then the IRS has issued coronavirus-related guidance on partial ...
Deborah FabricantJun 30, 20205 minPlan Fiduciaries What About All That COVID-19 Regulatory ReliefPlan sponsors and other fiduciaries breathed a collective sigh of relief at the end of April when the Department of Labor extended,...
Sherrie Boutwell & Milton HeberJun 19, 20204 minCOVID-19 Safe Harbor and Other Relief but Action May Be NeededJust as we went to press, the IRS issued a cornucopia of helpful COVID-19 guidance, including relief specifically allowing...
Katrina VeldkampJun 19, 20208 minNew Electronic Disclosure Regulations Provide Additional Safe Harbor for ERISA Disclosures 2020-06Temporary unavailability due to website maintenance or unforeseeable events or circumstances beyond the control of the administrator will...
Ruel Pile May 19, 20205 minWhen Does a COVID-19 Furlough or Layoff Trigger a Partial Termination for Your Qualified Plan? (P1)The short answer is –it depends. And at this point in the pandemic, it is probably too early to conclude one way or the other. Relevant...
Alison FayApr 19, 20207 minEducational Assistance Programs Allow Employers to Pay Their Employees’ Student Loans with Pre-Tax DA special provision in the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act)¹ signed by the President on March 27, 2020...
Sherrie Boutwell & Alison FayFeb 29, 202012 minCOVID-19 and Employee Benefit Plans–A Current Action List for Employers As businesses and governments scramble to keep up with the Coronavirus (also called “COVID-19”) and its effect on all aspects of life,...
Kathleen BassFeb 28, 20205 minThe Definition of Compensation: When Operation Does Not Match The PlanIn every qualified plan, such as a Code Section 401(k) plan, there is a specific definition of compensation. It could be...
Kathleen BassJan 31, 20204 minSecuring 401(k) Benefits For Part-Time EmployeesMany employers wish to exclude part-time employees from participation in their 401(k) plans. This is generally due to the fluid nature of...
Evan Giller Dec 31, 20195 minA New Year’s “To Do” List for 403(b) Plan SponsorsAs we settle into the third decade of the 21stcentury, there is no shortage of concerns to occupy 403(b) plan sponsors and...