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.
Implications Of The End Of The COVID National Emergency For Group Health Plans
The government has announced that it intends to end the declaration of a national public health emergency related to the COVID-19 pandemic effective May 11, 2023. This means that effective on May 11, 2023, group health plans will no longer
2023 Penalty Amounts For Health And Welfare And 401(K) Plans
On January 13, 2023, the U.S. Department of Labor (“DOL”) published its annual announcement of civil monetary penalties for various employee benefits-related violations under ERISA, as in effect for calendar year 2023. To encourage compliance with the law, ERISA imposes various
Parity Opt Out By Non-Federal Governmental Plans
The Consolidated Appropriations Act of 2023 (CAA 2023) has eliminated the ability of self-insured health plans sponsored by non-federal governmental employers to opt out of the obligation to provide parity in mental health and substance abuse benefits. Prior to the
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