In May 2019, the IRS issued Revenue Procedure 2019-20, which provides for a limited expansion of the determination letter program for certain individually-designed plans. Under this expansion, the IRS will accept...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
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
The IRS recently updated its two model safe harbor explanations that can be used to satisfy the requirement under Section 402(f) to provide notices setting forth certain information to participants who are eligible for...more
10/1/2018
/ 401k ,
457(b) Plans ,
Compensation & Benefits ,
Distribution Rules ,
Employee Benefits ,
IRA Rollovers ,
IRS ,
Private Letter Rulings ,
Qualified Retirement Plans ,
Retirement Plan ,
Rollover Equity ,
Safe Harbors ,
Student Loans ,
Tax Cuts and Jobs Act ,
Tax Reform ,
Taxation
Farewell to the Fiduciary Rule? The Fifth Circuit Vacates the Fiduciary Rule -
On March 15, 2018, the Fifth Circuit Court of Appeals, in Chamber of Commerce v. U.S. Department of Labor, vacated the Department of Labor’s...more
New Guidance Affects Wellness Program Design -
Over the last several months, the Equal Employment Opportunity Commission (“EEOC”) and the Internal Revenue Service (“IRS”) have provided additional guidance regarding the...more
9/8/2016
/ Acquisitions ,
Americans with Disabilities Act (ADA) ,
Audits ,
Benefit Plan Sponsors ,
Compensation & Benefits ,
Employer Liability Issues ,
EPCRS ,
Equal Employment Opportunity Commission (EEOC) ,
Filing Deadlines ,
Final Rules ,
GINA ,
Health and Welfare Plans ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Internal Revenue Code (IRC) ,
IRS ,
Mergers ,
Retirement Plan ,
Wellness Programs