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Time Extensions Employee Benefits Employee Contributions

Ogletree, Deakins, Nash, Smoak & Stewart,...

Maryland DOL Seeks to Delay Paid Family and Medical Leave Insurance Program

Enacted in 2022, the Maryland Family and Medical Leave Insurance (FAMLI) program covers all employers with Maryland employees and will eventually provide most of those employees with up to twelve weeks of paid family and...more

Williams Mullen

Treasury Issues Anticipated Relief for New Catch-up Contribution Rule

Williams Mullen on

The Internal Revenue Service (“IRS”) provided welcome relief for administrators of plans offering catch-up contributions. Notice 2023-62, issued on August 25, essentially delays the effective date of a provision under the...more

Miller Canfield

IRS Delays Roth Catch-Up Requirement for High Earners

Miller Canfield on

On August 25, 2023, the IRS issued Notice 2023-62 to address certain industry concerns over implementation of Section 603 of the SECURE 2.0 Act. Section 603 relevantly provides that, beginning in 2024, participants eligible...more

Conn Kavanaugh

Deadlines Extended for Paid Family and Medical Leave Notification and Exemption Requirements

Conn Kavanaugh on

On May 1, the Department of Family and Medical Leave (“Department”) extended two deadlines for employer obligations in complying with Paid Family Medical Leave Act, G. L. c. 175M (“Act”). First, the deadline for providing...more

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