Employers and plan sponsors must comply with numerous filing and notice deadlines for their retirement and health and welfare plans. Failure to comply with these deadlines can result in costly penalties. To avoid such...more
Employers and plan sponsors must comply with numerous filing and notice deadlines for their retirement and health and welfare plans. Failure to comply with these deadlines can result in costly penalties. To avoid such...more
“Exit Contribution” an End-Run Around de minimis Withdrawal Liability -
A recent ruling from the U.S. Court of Appeals for the Fourth Circuit, Sheet Metal Workers’ National Pension Fund v. Four-C-Aire, Inc. (4th Cir. July...more
9/28/2019
/ Appeals ,
Collective Bargaining Agreements (CBA) ,
Compensation & Benefits ,
De Minimis Claims ,
Deferred Compensation ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Filing Deadlines ,
Health and Welfare Plans ,
Multiemployer Plan ,
Notice Requirements ,
Qualified Retirement Plans ,
Withdrawal Liability
In State of New York v. United States Department of Labor, the District Court for the District of Columbia held that the U.S. Department of Labor’s (“DOL”) final regulations on association health plans (“AHPs”) issued on June...more
IRS Re-Opens the Door to Retiree Lump Sum Windows -
The IRS recently issued Notice 2019-18, reversing its prior position set forth in Notice 2015-49 that offering retirees in pay status the opportunity to elect a “cash...more
The U.S. Department of Labor (the "DOL") issued an Information Letter on December 8, 2018 (the “Letter”) confirming that state laws requiring written consent before amounts are withheld from employees’ wages to contribute to...more
4/3/2019
/ 401k ,
Automatic Enrollment ,
Benefit Plan Sponsors ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Filing Deadlines ,
Notice Requirements ,
Preemption ,
Qualified Retirement Plans ,
Retirement Plan
Employers and Benefits Practitioners Eagerly Await Final Regulations on Expanded Use of HRAs -
The Internal Revenue Service (IRS), Department of Labor (DOL) and Department of Health and Human Services (HHS, together with...more
3/5/2019
/ Affordable Care Act ,
Department of Labor (DOL) ,
Employee Benefits ,
Executive Orders ,
Filing Deadlines ,
Health Insurance ,
HRA ,
Human Resources Professionals ,
IRS ,
Notice Requirements ,
Retirement Plan
PBGC v. Findlay Industries, Inc.: Sixth Circuit Expands Controlled Group and Successor Liability -
In Pension Benefit Guaranty Corporation v. Findlay Industries, Inc. et al., the Sixth Circuit ruled that a family trust which...more
IRS Issues New 162(m) Guidance -
August 21, 2018, the Internal Revenue Service (the “IRS”) issued Notice 2018-68 (the “Notice”) which provides initial guidance and clarification on amendments made to Section 162(m) of the...more
9/4/2018
/ Binding Contractual Rules ,
Covered Employees ,
Filing Deadlines ,
Health and Welfare Plans ,
IRS ,
Modification ,
Mutual Funds ,
Retirement Plan ,
Section 162(m) ,
Tax Cuts and Jobs Act ,
Tax Reform
401(k) Plan Hardship Rules: Recent Changes to Loosen Requirements May Require Plan Amendments -
The Tax Cuts and Jobs Act (the “Tax Act”) and the Bipartisan Budget Act of 2018 (the “Budget Act”) made several changes which...more
The Death of the Fiduciary Rule: the Fifth Circuit Vacates the Fiduciary Rule -
On June 21, 2018, the United States Court of Appeals for the Fifth Circuit officially vacated the Department of Labor’s (the “DOL’s”)...more