IRS Releases 2022 Inflation-Adjusted Amounts for HSAs and HRAs
The Internal Revenue Service (IRS) released inflation-adjusted amounts applicable to Health Savings Accounts (HSAs) and excepted benefits Health Reimbursement Arrangements (HRAs) for calendar year 2022. […]
401(K): IRS Releases Updated Operational Compliance List, Includes Secure Act Changes
On April 27, 2021, the IRS posted on its website its most recent updated operational compliance list for qualified retirement plans, including 401(k) plans. The […]
12 Steps to Stronger Cybersecurity for ERISA Plans
The Department of Labor’s Employee Benefits Security Administration (EBSA) has spoken “officially” for the first time regarding best practices for ERISA Plan fiduciaries regarding cybersecurity. […]
401(K): Deadline For Returning 2020 Excess Deferrals Remains April 15, 2021
On April 8, 2021, the IRS announced on the “Employee Plan News” section of its website that the deadline for returning excess deferrals made to […]
CAA #7: Clarifying The CAA’s Mental Health Parity Rules
The government has published a new set of FAQs (FAQ 45) elaborating on the enhanced compliance requirements of The Consolidated Appropriations Act of 2021 (CAA) […]
ARPA’s COBRA Subsidy: Part 2: Additional Guidance from the DOL
The Department of Labor (DOL) posted Model COBRA Notices and an accompanying FAQs to “fill in the gaps” on guidance for group health plans and […]
DOL’s Non-Enforcement Policy for 401(k) ESG Investments
On March 10, 2021, the U.S. Department of Labor (“DOL”) announced in an official statement that it will not enforce its recently issued regulations on […]
CAA #6: Continuity of Care Requirements in the Consolidated Appropriations Act
The Consolidated Appropriations Act (CAA) includes provisions designed to prevent patients from losing access to an in-network provider (including in-network facilities) while in a course […]
If you Receive a Letter 226-J, Reply Promptly!
Letter 226-J is sent to ALEs who fail to comply with MEC as required by the ACA’s employer mandate. Wait…that’s a lot of acronyms. What […]