401(k): CAA Expanded Loan and Withdrawal Provisions Differ from CARES Act
Earlier this year, in response to the passage of the Consolidated Appropriations Act of 2021 (“CAA”) on December 27, 2020, we provided information relative to […]
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 […]
COBRA Provisions in the American Rescue Plan Act of 2021 (ARPA)
In addition to providing stimulus checks to many Americans, ARPA includes provisions designed to make it easier for people who have lost their jobs to […]
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 […]
2020 Taxes: Did You Take a Coronavirus-Related Distribution from your 401(k)?
IMPORTANT! If you received a “coronavirus-related distribution” from your 401(k) plan during 2020, don’t forget to report this on your 2020 Federal income tax return! […]