HHS Adjusts HIPAA Penalties…Again
The Department of Health and Human Services (HHS) increased civil monetary penalties due to cost of living increases of approx. 1.052%. Amounts are effective for […]
CAA of 2022…Whhaaaattt?
Congress recently passed the Consolidated Appropriations Act of 2022. Readers may remember the Consolidated Appropriations Act of 2021 which included the No Surprises Act and […]
401(K): NEW IRS PROPOSED REGS UPDATE RMD RULES FOR SECURE ACT AND OTHER CHANGES
On February 23, 2022, the IRS released new proposed regulations on required minimum distributions (“RMDs”) under tax-qualified retirement plans, including 401(k) plans. Among other things, […]
Departments Issue Memo re: TX Court Invalidation of IRD Rule: Updated Guidance Pending
The Departments of Health and Human Services, Labor, and the Treasury (the “Departments”) issued a Memorandum in response to the recent decision of a Texas […]
401(K): NEW MORTALITY TABLE MAY LEAD TO LOWER RMDS UNDER 401(K) PLANS
Summary: A new IRS mortality table effective on and after January 1, 2022 may lower the amount of required minimum distributions (“RMDs”) under 401(k) retirement […]
FAQ Part 52: Coverage of Over-the Counter COVID-19 Tests
The Departments of Labor, Health and Human Services (HHS), and the Treasury (collectively, the Departments) have issued their FAQ 52 clarifying certain requirements regarding the […]
CAA #15: Departments Issue Guidance Booklet for IDR Process
The Departments of Labor, Treasury, and Health and Human Services (Departments) have released a process guide for entities who may use the Independent Resolution Process […]
Finis. SCOTUS Stays OSHA’s ETS: the Vaccine Mandate
It appears we’ve come to the end of the line…for now. The Supreme Court of the United States (SCOTUS), in an opinion released January 13. […]
2022 Penalty Amounts for ERISA Health & Welfare and 401K Plans
On January 14, 2022, the U.S. Department of Labor (“DOL”) published its annual announcement of civil monetary penalties for various employee benefits-related violations under ERISA, […]