Coronavirus-Related Distributions Quickly Coming To An End
IRS RELEASES DRAFT FORM 8915-E IMPORTANT! The CARES Act provisions regarding “coronavirus-related distributions” are currently set to expire on December 31, 2020. Therefore, participants who […]
New SBC Template Required for Plan Years Beginning January 1, 2021
For Plan years beginning January 1, 2021 and thereafter, the use of an updated Summary of Benefits and Coverage (“SBC”) form is required. Recall, a […]
2020 Required Amendments Have Little Impact on 401(k) Plans
On November 20, 2020, the IRS released Notice 2020-83 (Required Amendments List for Qualified Retirement Plans and § 403(b) Retirement Plans), its annual list of […]
New Regulations for Coverage of COVID-19 Vaccines
On November 6, 2020, the Departments of Health and Human Services, Treasury, and Labor (the Departments) issued new regulations under the CARES Act regarding the […]
Transparency Rule Means Requirements for Health Plans
Transparency Rule Means Requirements for Health Plans On November 12, 2020, the Departments of Treasury, Labor, and Health and Human Services (the Departments) published a […]
Updated Tool To Check Mental Health Parity Compliance
The Department of Labor (DOL) announced the release of an updated tool to help employers comply with the Mental Health Parity and Addiction Equity Act […]
Health and Welfare: IRS Releases 2021 Adjusted Dollar Limits
The IRS recently announced the tax year 2021 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax […]
401(k): IRS Releases 2021 Adjusted Dollar Limits
On October 26, 2020, the IRS released its annual notice, Notice 2020-79, setting forth the various dollar limitations for contributions and benefits under qualified retirement […]
IRS Releases Final 1094/1095 B and C Forms
The IRS released final Forms 1094/1095-B and Forms 1094/1095-C and related instructions for the 2020 tax year. The new forms add information related to Individual […]