Federal regulators have paused enforcement of the 2024 Mental Health Parity and Addiction Equity Act (“MHPAEA”) Final Rule (the “2024 Final Rule”, published September 23, 2024) while they reconsider the rule and defend...more
Use of Forfeitures for Safe Harbor Contributions, QNECS and QMACS -
The Internal Revenue Service (IRS) recently issued final regulations allowing forfeitures in 401(k) plans to be used to fund safe harbor contributions,...more
10/16/2018
/ 401k ,
Association Health Plans ,
Audits ,
Class Action ,
COBRA ,
Compensation & Benefits ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Contributions ,
Fiduciary Duty ,
Fiduciary Rule ,
Forfeiture ,
Health Insurance ,
Interest Rates ,
IRS ,
Mental Health Parity Rule ,
QMAC ,
QNEC ,
Retirement Plan ,
Rule 701 ,
Safe Harbors ,
Withdrawal Liability
On February 3, 2017, President Trump issued a memorandum directing the Department of Labor to prepare an updated economic and legal analysis of its “Fiduciary Rule.” Compliance with the Fiduciary Rule is generally required on...more
2/6/2017
/ Best Interest Standard ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Fiduciary Rule ,
Financial Adviser ,
Financial Institutions ,
Investment Adviser ,
Regulatory Oversight ,
Retirement ,
Retirement Plan ,
Trump Administration