The U.S. Department of Labor (DOL) announced two settlements with major insurance companies this month that highlight the importance of employers avoiding the collection of group life insurance premiums from employees until...more
6/28/2024
/ Benefit Plan Sponsors ,
Denial of Insurance Coverage ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Liability Issues ,
Employer Responsibilities ,
ERISA Litigation ,
Fiduciary Duty ,
Insurance Industry ,
Insurance Litigation ,
Life Insurance ,
Open Enrollment ,
Premiums
On August 3, 2022, the IRS published Notice 2022-33, which extends the deadlines for amending retirement plans and IRAs to reflect certain changes to the law made by the SECURE Act; the Bipartisan American Miners Act; and...more
8/10/2022
/ Benefit Plan Sponsors ,
CARES Act ,
Deadlines ,
Employee Benefits ,
Individual Retirement Account (IRA) ,
IRS ,
Regulatory Reform ,
Regulatory Requirements ,
Retirement ,
Retirement Plan ,
Retirement Plan Providers ,
SECURE Act