A tax-exempt employer that maintains a deferred compensation plan under Section 457(b) of the Internal Revenue Code may need to take immediate action to ensure that the plan is amended by Dec. 31, 2022 to incorporate certain...more
As we approach the end of 2021, it is a good time to review upcoming year-end plan amendment deadlines applicable to retirement plans. Employers should review their plans with their providers and advisers to determine if any...more
In these sessions, we not only summarize the week’s latest federal and state guidance, we will also offer insights on:
- All aspects of employment law compliance
- Paycheck Protection Program, tax credits and other economic...more
1/20/2021
/ Biden Administration ,
Business Interruption ,
Colleges ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Cost-Savings ,
Educational Institutions ,
Employee Benefits ,
Employment Policies ,
Landlords ,
Legislative Agendas ,
Negligence ,
Paid Leave ,
Paycheck Protection Program (PPP) ,
Reasonable Accommodation ,
Relief Measures ,
Tax Credits ,
Tax Relief ,
Tenants ,
Transition Team ,
Universities ,
Vaccinations ,
WARN Act
On Dec. 27, 2020, President Trump signed into law the Consolidated Appropriations Act of 2021 and the COVID-Related Tax Relief Act of 2020 (collectively, the Act). In addition to the annual appropriation provisions and...more
Temporary Relief from Physical Presence Requirements for Spousal Consent -
Under the Internal Revenue Code (Code), certain elections under retirement plans require the consent of a participant’s spouse....more
On April 28, 2020, the Employee Benefits Security Administration (EBSA), a subdivision of the U.S. Department of Labor (DOL), issued two items of guidance relating to employee benefits and the COVID-19 outbreak....more
The Internal Revenue Service recently announced the dollar limitations for pension plans and other items beginning January 1, 2018. Some of the limits are listed below....more
The Patient Protection and Affordable Care Act (ACA) created new fees for covered health plans, including transitional reinsurance program fees (TRP Fees) that are designed to stabilize premium increases that are expected to...more
There has been a tremendous amount of focus on participant-assessed fees in 401(k) and 403(b) plans over the last couple of years. This has come about, in part, because of lawsuits and the Department of Labor (DOL)...more
6/25/2014
/ 401k ,
403(b) Plans ,
Defined Benefit Plans ,
Defined Contribution Plans ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Liability Issues ,
Fee Disclosure ,
Plan Administrators