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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.
Cybersecurity and the HIPAA Security Rule
The NIST[1] and the OCR[2] has published its final version of guidance to increase cybersecurity and compliance with the HIPAA Security Rule. The new guidance gives tailored direction to covered entities to improve cybersecurity risk assessment and management. It replaces
Annual HIPAA Review for Cybersecurity
The best defense is a good defense! You hear about cybersecurity all the time, and shoring up your defenses and reviewing HIPAA materials on an annual basis is key. Here is a list of materials to review annually and a
DOL Guidance: Pension-Linked Emergency Savings Accounts (PLESAs)
We previously reported that the IRS has also released guidance on Pension-Linked Emergency Savings Accoungs (PLESAs). See this blog for more information, along with a general description of PLESAs. On January 17, 2024, the U.S. Department of Labor (DOL) issued
IRS Guidance: Pension-Linked Emergency Savings Accounts (PLESA)
On January 12, 2024, the IRS issued Notice 2024-22, initial guidance on emergency savings accounts linked to 401(k) plans under the SECURE 2.0 Act. The new provisions, effective for plan years beginning after December 31, 2023, generally permit (but do