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.
2020 Taxes: Did You Take a Coronavirus-Related Distribution from your 401(k)?
IMPORTANT! If you received a “coronavirus-related distribution” from your 401(k) plan during 2020, don’t forget to report this on your 2020 Federal income tax return! Even though these distributions are exempt from the ten percent early withdrawal penalty, they are
CAA #5: Disclosure of Direct and Indirect Compensation to Brokers and Consultants
Background ERISA requires contracts between a health plan and its service providers to be “reasonable.” One element of a contract's "reasonableness" is the price of the service. Service providers often receive indirect compensation from third parties. In order to know
EBSA Issues Guidance on COBRA Extensions Related to COVID-19
If the President declares a national disaster, language within ERISA and the Internal Revenue Code permits the Secretaries of the Departments of Labor and Treasure to prescribe a period of up to one year that may be “disregarded” when determining
New Administration, New Rules
With a new administration comes new rules. Executive actions have put some rules on hold while others remain in force. Watch our Associate General Counsel, Liv Ash, give a quick overview of what this means for group health plans.