Effective March 18, 2020, group health plans and health insurance policies are required to pay for COVID-19 testing and related health provider visits, without imposing any cost sharing requirements, such as a deductible,...more
3/20/2020
/ Co-Insurance Payments ,
Co-payments ,
Coronavirus/COVID-19 ,
Deductibles ,
Employer Group Health Plans ,
Families First Coronavirus Response Act (FFCRA) ,
Health Insurance ,
IRS ,
Medical Testing ,
New Guidance ,
Telehealth
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
This alert is intended to provide you with an update on the following employee benefit developments that we thought would be of interest: Tax Cuts and Jobs Act reduces the health savings account limit for 2018....more
3/22/2018
/ Contribution Limits ,
Corporate Taxes ,
Disability Access Claims ,
Employee Benefits ,
Executive Compensation ,
Hardship Distributions ,
Health Insurance ,
Health Savings Accounts ,
IRS ,
Pensions ,
Retirement Plan ,
Tax Cuts and Jobs Act ,
Tax Deferral ,
Tax Rates ,
Tax Reform ,
Voluntary Compliance