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): New Form 5500-SUP
On March 31, 2015, the IRS released an updated draft of Form 5500-SUP which may be required of qualified plans with plan years starting on or after January 1, 2015. Supplemental information that is being requested on the new 5500-SUP
H&W: 2016 HSA Limits Released
HSA (health savings account) cost-of-living contribution and coverage adjustments for 2016 have been issued in Revenue Procedure 2015-30. The new 2016 HSA limits, minimum deductibles and maximum out-of-pocket expense levels for calendar year 2016 are as follows: HSA Annual Contribution Limitation
401(k): Plan Error: Employer Matching Contributions Were Not Made Appropriately! What now?
It's time for your annual 401(k) audit and it turns up that there was a failure to contribute the employer matching contribution according to the plan document. So now you have to go through the process of correcting the failure.
H&W: Wellness Programs and the ADA – is your plan compliant?
On April 20, 2015, the Equal Employment Opportunities Commission (“EEOC”), which is responsible for enforcement of the ADA, published a proposed rule providing guidance on what an employer-sponsored wellness program must do to comply with the ADA. While this is