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IRS Announces HSA and HDHP Limits for 2025

The Internal Revenue Service has released Rev. Proc. 2024-25 announcing the inflation-adjusted limits for high deductible health plans (HDHPs) and health savings accounts (HSAs) in 2025.  The updated 2025 limits are as...more

Telehealth Safe Harbor Extended

High deductible health plan (“HDHP”) sponsors take note: the Continuing Appropriations Act, 2023 (“CAA23”) temporarily extends the flexibility for HDHPs to provide pre-deductible coverage of telehealth services without...more

Is Any Pandemic Relief Still Available for Employee Benefit Plans?

As we approach our third new year since the first reported cases of COVID-19, related relief may seem like old news. Although much of the government-sponsored pandemic relief has expired, there are aspects that remain germane...more

ERISA Litigation Update: ERISA Fiduciary Duty of Prudence: Fees and Monitoring Investment Options

Briefed - - Lawsuits targeting ERISA fiduciaries and sponsors are skyrocketing. - A recent SCOTUS decision confirmed duty of prudence requires the fiduciary to monitor plan investment options and remove imprudent...more

New Year Brings New Group Health Plan Guidance

With a new year comes new requirements for group health plans (GHPs) and insurers, and this legal update summarizes two new developments with immediate compliance implications. First, the tri-agencies (DOL, CMS, and Treasury)...more

New Year, New ACA Reporting Rules

Since 2015, the Affordable Care Act (“ACA”) has required employers and insurers to annually complete, file with the Internal Revenue Service (“IRS”) and distribute to employees and other covered individuals information about...more

Renewal of HHS’s Determination of Public Health Emergency Continues Mandate for 100% Coverage for COVID-19 Testing

Effective October 23, 2020, the Secretary of the Department of Health and Human Services (HHS) has renewed the determination that a public health emergency relating to COVID-19 exists. Each renewed determination lasts for 90...more

Federal Agencies Issue Additional Guidance on COVID-19 Issues for Group Health Plans

Last week, the Department of Labor, the Department of the Treasury, and Health and Human Services (HHS) issued another set of COVID-19 FAQs for group health plans (GHPs)....more

IRS Expands CARES Act Relief

The Coronavirus Aid, Relief, and Economic Security Act (the ‘‘CARES Act’’) allows qualified retirement plans to permit participants affected by COVID-19 to (1) withdraw up to $100,000 from their eligible retirement plan...more

Finally! New Electronic Disclosure Safe Harbor for Retirement Plans

After nearly 18 years, the Department of Labor (“DOL”) issued a new, voluntary safe harbor for retirement plan administrators who want to furnish Employee Retirement Income Security Act (“ERISA”) required notices and...more

CARES Act Provides New Retirement Plan Distribution and Loan Options - Update May 2020

Originally posted on March 27, 2020.  This post has been updated to reflect guidance published by the Internal Revenue Service (IRS) on May 4, 202...more

Important Deadlines Delayed for Health and Welfare Plans due to COVID-19 Emergency: Impacts for Employer Plan Sponsors,...

The Employee Benefits Security Administration (EBSA) of the Department of Labor (DOL) and the Department of Treasury and Internal Revenue Service (IRS) issued a notification of relief, effective immediately, that extends...more

Important Deadlines Delayed for Health and Welfare Plans due to COVID-19 Emergency; Updated Model COBRA Notices Issued

The Employee Benefits Security Administration (EBSA) of the Department of Labor (DOL) and the Department of Treasury and Internal Revenue Service (IRS) issued a notification of relief, effective immediately, that extends...more

Delay of Key Participant and Plan Deadlines: Retirement Plans

Yesterday, the Employee Benefits Security Administration (EBSA) of the Department of Labor (DOL), coordinated with the Department of the Treasury, Internal Revenue Service (IRS), and Department of Health and Human Services,...more

Regulatory Agencies Clarify FFCRA and CARES Act Application to Group Health Plans

On Saturday, April 11, 2020, the Departments of Labor , Health and Human Services (HHS), and the Treasury (collectively, the Departments) jointly issued FAQs About Families First Coronavirus Response Act and Coronavirus Aid,...more

CARES Act: Funding Relief for Single-Employer Defined Benefit Pension Plans

The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) signed into law on March 27 by President Trump provides some welcome funding relief for employers who sponsor single-employer defined benefit pension...more

CARES Act Provisions Impact Employer-Sponsored Group Health Plans, HSAs and Student Loan Payment Assistance Benefits

Congress has enacted the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), the third major federal piece of legislation responding to the COVID-19 pandemic.  The CARES Act follows the enactment of the...more

CARES Act Provides Required Minimum Distribution Relief

The Coronavirus Aid, Relief, and Economic Security Act (the ‘‘CARES Act’’) was passed into law March 27, 2020. The CARES Act provides a temporary waiver of required minimum distribution (“RMD”) rules for certain retirement...more

COVID-19 Update: CARES Act Provides New Retirement Plan Distribution and Loan Options

The Coronavirus Aid, Relief, and Economic Security Act (the ‘‘CARES Act’’) was passed into law earlier today. The CARES Act provides additional flexibility for participants affected by the coronavirus (COVID-19) to (1)...more

COVID-19 Relief Legislation Contains Testing Mandate

In the second major piece of legislation responding to the novel coronavirus (COVID-19) pandemic, the President signed the Families First Coronavirus Response Act (“Act”) into law on March 18, 2020....more

HDHPs Can Provide No Cost COVID-19 Testing and Treatment

Washington Health Benefit Exchange Announces Special Enrollment Period - Today, the IRS issued Notice 2020-15 clarifying that high-deductible health plans (HDHPs) may provide benefits associated with testing and treatment...more

GAO Calls for Stronger Oversight of Executive Retirement Plans Senator Sanders Introduces Legislation in Response

The United States Government Accountability Office (the “GAO”) has made public its January 28, 2020, report to Congress on the oversight of executive retirement plans by the Internal Revenue Service (the “IRS”) and the U.S....more

Group Health Plans: What Employers Need to Know About Year-End Federal Legislation

The year-end federal spending bill, the Further Consolidated Appropriations Act, 2020 (“FCAA”), was signed into law on December 20, 2019. Although the media spotlight has focused primarily on provisions affecting retirement...more

2020 Health and Welfare Benefit Plan Limits Released by IRS

The IRS issued Revenue Procedure 2019-44 today that provides the 2020 cost-of-living inflation adjustments for certain health and welfare benefit plans. Some of these amounts have been previously released by the IRS. Here are...more

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