CAA #8: The No Surprises Act…Interim Final Rule #1
The federal government has begun issuing regulations to implement provisions of the Consolidated Appropriations Act (CAA); the CAA included massive regulatory changes that will affect […]
401K: Physical Presence Relief for Elections and Consents
On June 24, 2021, the IRS issued Notice 2021-40 (“Notice”) which further extends the temporary relief from the “physical presence requirement” (see below) previously granted […]
401(k): IRS Releases Final Regs on Deadline Extensions for Federally Declared Disasters
On June 11, 2021, the IRS issued its Final Regulations on the subject of the mandatory, minimum 60-day postponement of certain tax-related deadlines due to […]
OSHA’s Emergency Rule may Affect Employer’s Benefit Plans
On June 10, 2021, The Department of Labor’s Occupational Safety and Health Administration (OSHA) announced the forthcoming issuance of an emergency temporary standard (ETS) establishing […]
Interpreting ARPA’s COBRA Subsidy: Part 2
This blog post is Part 2 of canvasing the IRS’ 41-page FAQs, Notice 2021-31 (the Notice) that provides guidance on the COBRA premium assistance program […]
Interpreting ARPA’s COBRA Subsidy: Part 1
The IRS published its 41-page FAQs, Notice 2021-31 (the Notice) which provides answers to many questions surrounding the COBRA premium assistance program (Subsidy) created by […]
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. […]