IMPORTANT UPDATE: When President Biden signed H.R. Res. 7, on April 10, 2023, the COVID-19 National Emergency officially ended immediately. This means that the “Outbreak Period” described below May Be ending earlier than...more
Since 2021, certain group health plans and health insurance issuers have been prohibited from entering into agreements with “gag clauses” (“Gag Clause Prohibition”). By December 31, 2023, these plans and issuers will be...more
On January 30, 2023, the Biden Administration released a Statement of Administration Policy providing that the Administration intends to end the COVID-19 National Emergency declared in 2020 (the “National Emergency”) on May...more
2/10/2023
/ 401k ,
Biden Administration ,
COBRA ,
Coronavirus/COVID-19 ,
Department of Health and Human Services (HHS) ,
Department of Labor (DOL) ,
Emergency Management Plans ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Health Insurance Portability and Accountability Act (HIPAA) ,
U.S. Treasury
The Employee Benefits Group provides updates and guidance for clients with retirement plans. First, the Department of Labor recently issued interim final regulations requiring new information to be included on ERISA-covered...more
9/8/2020
/ 401k ,
403(b) Plans ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
IRA Rollovers ,
IRS ,
Qualified Retirement Plans ,
Retirement Plan ,
Safe Harbors ,
SECURE Act ,
Special Tax
The DOL has issued long-needed guidance on the electronic delivery of required disclosures and documents for retirement plans, which will be welcome news to retirement plan sponsors...
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Last week, the Department of Labor and the Department of Treasury issued three pieces of guidance extending certain deadlines as a result of the impacts of the COVID-19 outbreak. These guidelines will impact employee benefit...more