HIPAA Breach by Business Associate Affecting 6 Million Results in $2.3 Million Settlement
It’s no secret the healthcare industry receives its fair share of cyberattacks. A six-year investigation resulted in a $2.3 million dollar payment to the Office […]
Make Sure Employers Know Their Responsibilities in a MEWA
There are few things more complicated in running a multiple employer welfare arrangement (MEWA) than making sure that the employer members understand their rights and […]
DOL Narrows “Health Care Provider” Definition in Revised FFCRA Rule
Effective September 16, 2020, the DOL promulgated a revised rule regarding certain provisions of the FFCRA. The DOL reviewed objections by the U.S. District Court […]
Time Is Running Out for Expanded 401(k) Loans Under CARES Act
URGENT! The expanded 401(k) plan loan provisions included in the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act are quickly coming to an end! The […]
Employer Shared Responsibility Updates From the IRS
The IRS updated two Q&As on its Employer Shared Responsibility Provisions web page. One of the Q&As updates penalties for 2021 and the second confirms […]
Proposed Regulations on Rollover of 401(k) Qualified Plan Loan Offsets
On August 17, 2020, the Internal Revenue Service (“IRS”) issued proposed regulations addressing rollovers of qualified retirement plan (particularly 401(k) plan) loan offset amounts. The […]
Reminder! COVID-19’s Altered Benefit Plan Deadlines
The FFCRA and CARES Act legislation extended certain guidelines applicable to plan administration actions (e.g., claims and appeals deadlines). What does this mean for employers? […]
IRS Updates 401(k) Model Rollover Notice
On August 6, 2020, the Internal Revenue Service (“IRS”) issued Notice 2020-62 which updates the information that must be provided to participants in retirement plans […]