On March 20, the Treasury Department, the Internal Revenue Service (IRS), and the Department of Labor (DOL) announced a plan for implementing the new COVID-19 leave requirements and payment of tax credits for small and...more
Responding to the developing coronavirus/COVID-19 crisis, Congress passed and President Trump signed into law the Families First Coronavirus Response Act (“FFCRA”) on March 18, 2020. The legislation creates expanded employee...more
The SECURE Act* (the “Act”) makes significant changes to employer-sponsored retirement plans, and many of the changes take effect immediately. Highlights of the provisions of the Act relating to retirement plans that are...more
The SECURE Act* makes significant changes to employer-sponsored retirement plans and many of the changes take effect immediately. Highlights of the provisions of the SECURE Act that are effective in 2020 include:
-...more
2/12/2020
/ 401k ,
Automatic Enrollment ,
Benefit Plan Sponsors ,
Distribution Rules ,
Early Retirement Distributions ,
Employee Benefits ,
Form 5500 ,
Individual Retirement Account (IRA) ,
Required Minimum Distributions ,
Retirement ,
Retirement Plan ,
Retirement Plan Providers ,
Safe Harbors ,
SECURE Act ,
Tax Liability ,
Tax Planning ,
Webinars
The Commissioner of Internal Revenue announced the 2020 dollar limitations for benefits and contributions that apply to retirement plans. Most limits have increased, while a few remained the same. The Social Security...more
11/7/2019
/ Contribution Limits ,
Defined Benefit Plans ,
Employee Benefits ,
ESOP ,
Health Savings Accounts ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Retirement Plan ,
Small Employer Plans (SEPs) ,
Social Security Administration (SSA)
Topics include legal considerations for:
• 401(k) Plan participation: Designing a 401(k) plan to increase enrollment and retirement savings
• Financial Wellness Programs: Preparing employees for financial security during...more
8/26/2019
/ 401k ,
Benefit Plan Sponsors ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Events ,
Health Insurance ,
Human Resources Professionals ,
Investment Management ,
Retirement Plan ,
Wellness Programs
The Internal Revenue Service (“IRS”) recently issued guidance on two additional options for sponsors of qualified retirement plans to apply for and receive determination letters on the qualified status of their plans. The IRS...more
The Internal Revenue Service issued guidance last December to help employers that own or lease employer parking facilities or reimburse employees for parking expenses to navigate the recent change to the parking expense...more
1/28/2019
/ Employee Benefits ,
Fringe Benefits ,
Internal Revenue Code (IRC) ,
IRS ,
Parking Lots ,
Safe Harbors ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exempt Entities ,
U.S. Treasury ,
UBTI
Plan administrators should review the following actions to be taken before the end of 2018 and focus on what to expect for 2019. The following checklist addresses plan amendments, notices and other considerations for...more
The Internal Revenue Service recently updated the rollover notice provided to retirement plan participants who receive distributions. The Internal Revenue Code requires administrators of qualified retirement plans to provide...more
The Commissioner of Internal Revenue announced the 2019 dollar limitations for benefits and contributions that apply to retirement plans. Most limits have increased while a few remained the same. ...more
Topics include -
- Conducting an internal audit of your benefit plans
- Understanding health plan employer shared responsibility assessments
- Correcting failures in qualified and non-qualified plans
- Reviewing...more
Please join us for a one-hour webinar designed to help 403(b) Plan Sponsors address the myriad of responsibilities that apply to plan fiduciaries.
We will cover:
- Determining if your 403(b) plan document is...more
Plan administrators should review the following actions to be taken before the end of 2017 and focus on what to expect for 2018. The attached checklist addresses plan amendments, notices and other considerations for qualified...more
11/20/2017
/ Benefit Plan Sponsors ,
Defined Benefit Plans ,
Defined Contribution Plans ,
Employee Benefits ,
Employee Stock Purchase Plans ,
Executive Compensation ,
Fee Disclosure ,
Health and Welfare Plans ,
Notice Requirements ,
Pension Plan Amendments ,
Plan Administrators ,
Required Minimum Distributions ,
Safe Harbors ,
Stock Options ,
Year-End Compliance Checklist
The Commissioner of Internal Revenue announced the 2018 dollar limitations for benefits and contributions that apply to retirement plans. Some limits have increased while others remained the same....more
The Commissioner of Internal Revenue announced the 2017 dollar limitations for benefits and contributions that apply to retirement and cafeteria plans. Some limits have increased while others remained the same. The Social...more
The Commissioner of Internal Revenue announced yesterday that the dollar limitations for benefits and contributions that apply to retirement plans generally will not change for 2016 because the increase in the cost-of-living...more
On Friday, the Supreme Court, overturning a Sixth Circuit Court of Appeals ruling, affirmed that the Constitution requires states to permit same-sex couples to marry and to recognize such marriages legally celebrated...more
6/29/2015
/ Benefit Plan Sponsors ,
DOMA ,
Employee Benefits ,
Employee Rights ,
Equal Protection ,
Family and Medical Leave Act (FMLA) ,
Fourteenth Amendment ,
Marriage Equality ,
Obergefell v. Hodges ,
Same-Sex Marriage ,
SCOTUS