IRS Issues Final Regulations on 401(k) Hardship Distributions
On September 23, 2019, the U.S. Department of Treasury, acting through the IRS, issued final regulations governing hardship distributions (also known as hardship withdrawals) taken […]
DOL Brings Us Back to the Basics of FMLA
The Department of Labor (“DOL”) clarified in a recent opinion letter that once an employer knows an employee’s requested leave is protected by the Family […]
IRS Announces New Address For Determination Letter Applications, Letter Ruling Requests, Certain Other Submissions
On September 12, 2019, the IRS announced a new address to be used for the mailing and delivery of certain submissions relating to employee benefit […]
$1.2 Million Settlement Highlights Importance of Providing Compliant COBRA Notices
A recent $1.25 million settlement agreement highlights the importance of providing compliant notices under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”). Angela Hicks […]
2020 Drug Coupon Rule Under Further Rulemaking
The U.S. Department of Health and Human Services (“HHS”) released final regulations relating to benefit and payment parameters for 2020. The regulations state that beginning […]
Reporting Primary Prescription Coverage Mandatory January 2020
The Centers for Medicare & Medicaid Services (“CMS”) has issued new guidance on Medicare Secondary Payer (“MSP”) reporting requirements in response to the SUPPORT for […]
DOL Expands FMLA Leave to Special Education Meetings
A recent opinion letter issued by the U.S. Department of Labor (“DOL”) confirmed that parents attending certain school meetings for the benefit of their children […]
IRS Updates VCP Electronic Submission Procedures, Revises Form
On June 28, 2019, the IRS issued its June Employee Plans News, in which the agency announced comparatively minor changes to the submission procedures applicable […]
DOL Finalizes Regulations Expanding Access to MEPS By Small Employer Groups
On July 29, 2019, the U.S. Department of Labor (“DOL”) issued final regulations intended to expand access to retirement savings plans (including 401(k) plans) for […]