Reminder: Transparency Rule for Welfare Plans Takes Effect July 1, 2022
This blog is a reminder that on July 1, 2022, the federal government will begin enforcement of the Transparency in Coverage (TIC) Rules. The Rules […]
401(K) CURRENT EVENTS: AGENCIES RELEASE FINAL FORM 5500 REVISIONS FOR MEP REPORTING
On May 23, 2022, the IRS, DOL and the PBGC released final regulations that make revisions to Forms 5500 and 5500-SF applicable to annual reports […]
401(K) CURRENT EVENT: IRS EXTENDS RELIEF FROM “PHYSICAL PRESENCE REQUIREMENT”
On May 13, 2022, the IRS released Notice 2022-27, granting a six-month extension to the temporary relief from the “physical presence requirement” for tax-qualified retirement […]
CAA #16: Status of the IDR Process
The No Surprises Act (NSA) created a process intended to prevent patients from receiving surprise medical bills for services they might receive from out-of-network health […]
HIPAA Cybersecurity: Time to Strengthen your Defenses
The Office of Civil Rights (OCR) released its Q1 2022 Cybersecurity Newsletter March 17. Let’s review OCR’s guidance for HIPAA-Covered Entities (CEs) who house and […]
HHS Adjusts HIPAA Penalties…Again
The Department of Health and Human Services (HHS) increased civil monetary penalties due to cost of living increases of approx. 1.052%. Amounts are effective for […]
CAA of 2022…Whhaaaattt?
Congress recently passed the Consolidated Appropriations Act of 2022. Readers may remember the Consolidated Appropriations Act of 2021 which included the No Surprises Act and […]
401(K): NEW IRS PROPOSED REGS UPDATE RMD RULES FOR SECURE ACT AND OTHER CHANGES
On February 23, 2022, the IRS released new proposed regulations on required minimum distributions (“RMDs”) under tax-qualified retirement plans, including 401(k) plans. Among other things, […]
Departments Issue Memo re: TX Court Invalidation of IRD Rule: Updated Guidance Pending
The Departments of Health and Human Services, Labor, and the Treasury (the “Departments”) issued a Memorandum in response to the recent decision of a Texas […]