The IRS has recently issued to document vendors opinion letter approvals for updated pre-approved defined contribution plan documents. This starts the next cycle of required defined contribution plan document restatements. If...more
On September 4, 2020, the Department of Labor published a proposed regulation addressing the proxy voting responsibilities of retirement plan fiduciaries and exercises of other shareholder rights. The proposed rule would...more
9/29/2020
/ Defined Benefit Plans ,
Defined Contribution Plans ,
Department of Labor (DOL) ,
Employee Benefits ,
Fiduciary ,
Health and Welfare Plans ,
Proposed Regulation ,
Proxy Voting ,
Recordkeeping Requirements ,
Retirement Plan ,
Shareholder Rights
On May 12, 2020, the IRS issued two new Notices which provide temporary changes to the rules governing Section 125 cafeteria plans and flexible spending accounts through 2020 due to COVID-19 pandemic, and permanent changes to...more
Recently, the Department of Health and Human Services released an interactive security risk assessment tool intended to assist employers who sponsor self-insured group health plans in complying with their HIPAA security rule...more