On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) passed the Senate and House and was signed into law. In addition to spending $2 trillion to support individuals and...more
3/31/2020
/ Benefit Plan Sponsors ,
CARES Act ,
Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retention ,
Employee Retirement Income Security Act (ERISA) ,
Executive Compensation ,
Families First Coronavirus Response Act (FFCRA) ,
HDHP ,
Health Plan Sponsors ,
HIPAA Privacy Rule ,
Medical Testing ,
Pensions ,
Required Minimum Distributions ,
Retirement Plan ,
Student Loans ,
Tax Credits
More Relief Provided Late on Friday -
On March 20, 2020, a joint news release issued by the Internal Revenue Service, the U.S. Treasury Department, and the U.S. Department of Labor announced regulations to be issued this...more
3/23/2020
/ 401k ,
403(b) Plans ,
Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Disaster Preparedness ,
Employee Assistance Programs ,
Families First Coronavirus Response Act (FFCRA) ,
IRS ,
Medicare ,
Paid Leave ,
Paid Time Off (PTO) ,
Payroll Taxes ,
Qualified Disaster Relief Payments ,
Sick Pay ,
Social Security ,
Tax Credits ,
U.S. Treasury
Families First Coronovirus Response Act (FFCRA) Proposed Legislation as Amended as of March 17, 2020 – Employee Benefits Considerations -
The FFCRA is a bill that has not yet been signed into law, and the bill has a...more
3/19/2020
/ Coronavirus/COVID-19 ,
Employee Benefits ,
Employer Group Health Plans ,
HDHP ,
Health and Safety ,
Infectious Diseases ,
Medical Leave ,
Medical Testing ,
Paid Leave ,
Proposed Legislation ,
Sick Leave ,
Tax Credits ,
Unemployment Insurance ,
Wage and Hour
Many employers are wrestling with the impact of the Coronavirus (COVID-19) in the U.S. and its impact on the workforce. Many employers also offer high-deductible health plans (HDHP) that can only cover the specified...more
3/12/2020
/ Coronavirus/COVID-19 ,
Employee Benefits ,
HDHP ,
Health Insurance ,
Health Plan Sponsors ,
Health Savings Accounts ,
Infectious Diseases ,
Insurance Industry ,
IRS ,
New Guidance ,
Notice Requirements
Healthcare coverage became an employer-offered benefit during World War II as the result of the federal government’s wage and price controls. Since that time, Medicare has become an important part of how healthcare is...more
7/12/2019
/ Affordable Care Act ,
Benefit Plan Sponsors ,
Department of Health and Human Services (HHS) ,
Department of Labor (DOL) ,
Disability ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Fair Labor Standards Act (FLSA) ,
Final Rules ,
Health Insurance ,
Healthcare ,
Healthcare Costs ,
IRS ,
Medicare Secondary Payer Act ,
Proposed Regulation ,
Tax Credits
Following the tragic destruction fire at the Notre Dame Cathedral in Paris, many in the United States are looking for a way to assist the rebuilding and restoring of this iconic Cathedral and historic location. Even in the...more
Health and Welfare Plan Update -
It is 9:00 p.m., do you know where your health plan data is? As IT systems continue to expand, and data is accessed, moved and stored in many new and different ways, the Office for Civil...more
4/4/2019
/ 401k ,
Affordable Care Act ,
Benefit Plan Sponsors ,
Business Associates ,
Civil Monetary Penalty ,
Cloud Storage ,
Constitutional Challenges ,
Employer Group Health Plans ,
Enforcement Actions ,
Fiduciary Duty ,
Form 1094 ,
Form 1095 ,
Health and Welfare Plans ,
Health Care Providers ,
HIPAA Privacy Rule ,
IRS ,
Lump Sum Payments ,
OCR ,
Pensions ,
Plan Administrators ,
Plan Participants ,
Proposed Legislation ,
Request for Production ,
Retirement Plan ,
TPAs ,
Trump Administration