Updated Penalty Amounts for ERISA 401(K) and Welfare Plans
On January 23, 2019, the DOL published annual adjustments to the civil monetary penalties for certain ERISA violations applicable to 401(k) plans. Legislation enacted in […]
IRS Releases Updated Form 2441: Child & Dependent Care Expenses
The IRS recently released a 2018 Form 2441 along with instructions. Form 2441 is: used to report Child and Dependent Care expenses; filed by the taxpayer […]
Fiduciaries Beware! Two Recent Cases Expose Potential Grounds for ERISA Liability
The path of an ERISA fiduciary has long been fraught with uncertainty and paved with obstacles, including the seeming potential for liability for nearly every […]
ERISA Regulations Often Preempt State Laws: Welfare Plans
In the world of employer compliance, it’s common to fall through Alice’s rabbit hole and end up completely confused about which laws apply to a […]
Prepare to Electronically File your VCP Submissions
Just in time for the holidays, the IRS put a little something in the stockings for retirement plan administrators and benefits professionals. In October 2018, […]
IRS Releases 2019 HSA Reporting Forms
The Internal Revenue Department released 2019 HSA Reporting Forms (Form 5498-SA and Form 1099-SA) and their corresponding instructions. Filing and deadline dates have been updated. […]
EEOC Removes Affected Provisions of Wellness Incentive Rules from CFR
As previously reported, in 2017, a U.S. federal district court issued an order vacating the wellness plan incentive rules imposed under the Americans With Disabilities […]
ACA Still in Effect
On December 14, 2018 a federal district court in Fort Worth ruled that the ACA’s requirement to maintain minimum essential coverage (the so-called individual mandate) […]
Department of Labor to MEWAs: Ten Tips for Filing the Form M-1
On December 3, 2018, the Department of Labor (DOL) released the 2018 Form M-1 and accompanying document “10 Tips for Filing Form M-1 for Association […]