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IRS Ruling on 401(k) Discretionary Contributions

On August 23, 2024, the IRS gave its approval to a novel arrangement in which employees participating in their employer’s 401(k) plan would be permitted to elect to allocate certain employer discretionary contributions made under such plan among various other

MHPAEA Final Rule: New Compliance Requirements for Employers Starting 2025

MHPAEA Final Rule: New Compliance Requirements for Employers Starting 2025  Recently, the U.S. Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury released the Final Rule implementing the non-quantitative treatment limit (NQTL) aspects of the Mental Health

DOL Confirms Cybersecurity Guidance Covers All Employee Benefit Plans

The DOL’s Employee Benefits Security Administration (EBSA) confirms that the cybersecurity guidance it issued in April 2021 applies to all employee benefit plans, including health and welfare plans. Here's what you need to know: Bottom Line First EBSA confirms that

Texas Lawsuit and Reproductive Health Records

On September 4, 2024, Texas filed a lawsuit against the Department of Health and Human Services (HHS), the HHS Secretary, and Office for Civil Rights (OCR) Director claiming the HIPAA Privacy Rule, which has been in effect for more than

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