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.
ENCORE! SECURE 2.0 PASSES, REPRESENTING AN EVEN LARGER COLLECTION OF 401(K) PLAN REFORMS
In a whirlwind of year-end activity, Congress has at long last succeeded in passing the SECURE 2.0 Act of 2022 (“SECURE 2.0”), a huge package of retirement provisions that will have a major impact on 401(k) plans. Included as part
THE CONSOLIDATED APPROPRIATIONS ACT OF 2023 EXTENDS THE ABILITY OF HDHPS TO COVER TELEHEALTH SERVICES
The Consolidated Appropriations Act of 2023, despite its massive size, included very little that has a direct impact on health plans. However, one important feature is the extension of the ability of high deductible health plans to provide first dollar
GOVERNMENT PROVIDES GRACE PERIOD AND OTHER RELIEF FOR SUBMISSION OF PRECRIPTION DRUG AND HEALTH CARE SPENDING DATA
The Departments of Labor, Health and Human Services, and the Treasury (collectively, the Departments) have granted health plans and issuers a grace period to file reports on their prescription drug and healthcare spending. The first reports, covering 2020 and 2021,
IRS PERMANENTLY EXTENDS DEADLINE FOR FURNISHING ACA REPORTING FORMS TO EMPLOYEES
The IRS has issued a final regulation permanently extending the time that employers have to furnish statements to certain individuals regarding health coverage that may be provided by the employer. Briefly, Section 6055 of the Internal Revenue Code (IRC) requires