On January 14, 2025, the Employee Benefits Security Administration (EBSA) within the Department of Labor (DOL) updated its Voluntary Fiduciary Compliance Program (VFCP). The VFCP allows plan officials to correct certain...more
1/31/2025
/ Benefit Plan Sponsors ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Lost Earnings ,
No-Action Letters ,
Pensions ,
Recordkeeping Requirements ,
Retirement Plan ,
Risk Management ,
Self-Correction Programs ,
Voluntary Fiduciary Compliance Program (VFCP)
As we bid farewell to 2024 and look ahead to the new year, we reflect on the many evolving compliance obligations that health and welfare plan sponsors tackle each year. Although this list is by no means exhaustive, it...more
12/31/2024
/ Affordable Care Act ,
Benefit Plan Sponsors ,
Consolidated Appropriations Act (CAA) ,
Department of Health and Human Services (HHS) ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Gag Clauses ,
Health and Welfare Plans ,
Mental Health ,
MHPAEA ,
OCR ,
Reproductive Healthcare Issues ,
Substance Abuse ,
Third-Party Service Provider