Payroll Threats and Protecting Personal Information -
In case you have not been checking the FBI warnings (I realize those are unusual words for a benefits person), you and your employees should know of one of such...more
12/6/2018
/ Department of Health and Human Services (HHS) ,
Department of Labor (DOL) ,
Email ,
FBI ,
Healthcare ,
Human Resources Professionals ,
IRS ,
Payroll Records ,
Personally Identifiable Information ,
Phishing Scams ,
Tax Returns
The Internal Revenue Service updated its mortality tables under final regulations which are generally applicable on January 1, 2018 and did not delay the implementation of the mortality tables because the update was mandated...more
Fee Changes and Disclosures Post Conflict of Interest Regulations Initial Partial Effective Date -
The effects of the U.S. Department of Labor’s (“DoL”) conflict of interest or fiduciary regulation and related prohibited...more
7/20/2017
/ Annuities ,
Conflicts of Interest ,
De-Risking ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Rule ,
Investment Adviser ,
IRS ,
Lump Sum Payments ,
Medicare ,
Prohibited Transactions ,
Public Employers ,
Retirement Plan
Late last week the Senate released its version of a health reform bill (the “Better Care Reconciliation Act of 2017” or the “Senate bill”) to fix the Patient Protection and Affordable Care Act (the “PPACA”). The Senate Bill...more
Final Roth Rollover Rules Retain Simplification of Prior Notice and Ease Rollovers for Participants with Both Roth and Pre-Tax Amounts in their 401(k) Plan Account -
Prior to the proposed rules on Roth 401(k)...more
The U. S. Department of Labor’s Conflict of Interest regulatory package (the “COI Rules”) reaches far more than traditional trustees named in retirement plan documents. Many financial advisors, tax advisors, investment...more
5/17/2016
/ Best Interest Contract Exemptions ,
Best Interest Standard ,
Conflicts of Interest ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Final Rules ,
Financial Institutions ,
Health Savings Accounts ,
Individual Retirement Account (IRA) ,
Investment Adviser ,
IRS ,
PTEs ,
Recordkeeping Requirements ,
Retirement Plan ,
Retirement Plan Providers
As you may know, there have been several new items added to the 2015 Form 5500 series. Specifically, these are: -
..Preparer Information at the bottom of page 1 of Form 5500 and Form 5500-SF
..Schedule H, Lines...more
So much energy has been spent on what the final regulations on the employer shared responsibility tax and the related final reporting regulations (the “ESRR”), that some of the most significant considerations have been missed...more
Early this week the Internal Revenue Service and Department of Treasury (the “IRS”) issued the first piece of the Affordable Care Act (“ACA”) penalty imposition jigsaw puzzle. It then followed up with 46 FAQs on the same...more
Following Hawaii’s enactment of legislation recognizing same-sex marriage as of and after December 2, 2013 a number of additional pieces of guidance were also issued. Internal Revenue Service’s Frequently Asked Questions...more
12/26/2013
/ Affordable Care Act ,
Anti-Kickback Statute ,
Cafeteria Plans ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
FICA Taxes ,
Flexible Spending Accounts ,
FSA ,
HSA ,
IRS ,
Medicare Taxes ,
PBGC ,
Retirement Plan ,
Roth Conversions ,
Same-Sex Marriage ,
Year-End Planning ,
Year-End Tax Planning