Blog
The information and content contained in this blog are for general informational purposes only, and does not, and is not intended to, constitute legal advice. As always, for specific questions concerning your health or 401(k) plans, please consult your own ERISA attorney or professional advisor.
401(k): IRS Issues VCP Submission Kit for Failure to Adopt Pre-Approved Plans
On April 26, 2016, the Internal Revenue Service (IRS) released the latest in its series of VCP submission kits, which are designed to help plan administrators correct common mistakes under qualified retirement plans. The submission kits are designed to work
401(k): DOL ISSUES FINAL FIDUCIARY RULE
On April 8, 2016, the U. S. Department of Labor released long-awaited final regulations that implement significant changes to the definition of “fiduciary” for brokers and investors in connection with ERISA-covered plans. Generally effective as of April 2017 with certain
H&W: OCR Announces Phase 2 HIPAA Audits
On March 21, 2016, the Office for Civil Rights (OCR) announced that it has begun to collect information on covered entities and business associates that will be subject to audit in Phase 2 of its HIPAA Audit Program. OCR, which
H&W: 2017 Cost-sharing Limits
The Department of Health and Human Services released finalized regulations establishing limits on annual out-of-pocket maximums for 2017. The regulations set the 2017 out-of-pocket maximum limit for self-only coverage at $7,150 and for family [more than 1 covered individual] coverage at