401(K) Current Events: IRS Releases Notice 2023-43, Interim Guidance On Secure 2.0 EPCRS Expansion
As we have previously reported, the SECURE 2.0 Act (SECURE 2.0), signed into law on December 29, 2022, represents a huge package of provisions affecting […]
Fifth Circuit Court Of Appeal Stays Decision Of Texas District Court That Invalidated The Requirement That Health Plans Cover Certain Preventive Services
We previously reported that a District Court in Texas had found the ACA’s requirement that plans provide certain preventive services on a first-dollar basis without […]
IRS Reminds Employers With Health FSAs Of The Importance Of Substantiating Claims
In a Memorandum from the IRS Office of Chief Counsel, the IRS has reminded employers that sponsor health FSAs that all claims for benefits from […]
Texas Court Vacates Requirement That Health Plans Cover Certain Preventive Services
The Affordable Care Act (ACA) includes a provision that requires non-grandfathered health plans to cover certain preventive health services on a first dollar basis without […]
401(K): What Do I Need To Know About SECURE 2.0? Overview Of Significant Provisions, Part III
As we have previously reported, Congress passed the SECURE 2.0 Act of 2022 (“SECURE 2.0”), a vast collection of retirement-related provisions having a profound effect […]
401(K) Current Events: Presidential Veto Thwarts Congressional Attempt To Nix DOL Rule On ESG Investments
As we reported in our recent blog entitled “DOL Issues Final Regulations on Prudence and Loyalty in Selecting 401(k) Plan Investments – ESG Funds Get […]
401(K): What Do I Need To Know About SECURE 2.0? Overview Of Significant Provisions, Part II
As we have previously reported, Congress passed the SECURE 2.0 Act of 2022 (“SECURE 2.0”), a vast collection of retirement-related provisions having a profound effect […]
IRS Announces 2024 Shared Responsibility Penalties under the Affordable Care Act
The IRS has announced an increase in the annual shared responsibility penalty amounts for calendar year 2024. These are the penalties that an applicable large […]
New IRS Electronic Filing Rules Will Apply To Most Employers
The IRS has published new rules that will increase the number of employers who must file information returns electronically. Under previous rules, employers that filed […]