Form M-1 Annual Report Due By March 1
The due date to file the Form M-1 annual report is fast approaching. The Form M-1 is used to report the custodial and financial information […]
How Will The SECURE Act Affect Me? Highlights of Some of the Top New Provisions Affecting 401(k) Plans (PART TWO)
Passed by Congress and signed into law at the midnight hour as part of the 2019 comprehensive budget appropriation package, the Setting Every Community Up […]
2020 Penalty Amounts for ERISA Health and Welfare and 401(k) Plans
To adjust for annual inflation, the Department of Labor (DOL) published the 2020 civil monetary penaltis for certain violations of health and retirement plans subject […]
IRS Releases Updated VCP Compliance Statement
Recently, the IRS released an updated version of Form 14568 (Model VCP Compliance Statement), intended for use in connection with filing voluntary correction program (“VCP”) […]
IRS Releases 2020 Adjusted Dollar Limitations For 401(k) Plans
On November 6, 2019, the IRS released its annual notice setting forth the various dollar limitations for contributions and benefits under qualified retirement plans, including […]
DOL Releases Proposed Regulations Authorizing Default Electronic Notices and Disclosures for 401(k) Plans
On October 22, 2019, the U.S. Department of Labor (“DOL”) issued proposed regulations (and accompanying fact sheet) that would authorize the default usage of electronic […]
What is a “Functional” Fiduciary?
ERISA’s Fiduciary Duties Understanding the nature of an ERISA benefit-plan-fiduciary is a big deal; naming fiduciaries and identifying “fiduciary-like” decisions is an even bigger one. […]
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 […]
Four Pitfalls to Avoid When Negotiating Service Provider Agreements
This is the third and final installment in a series of three blogs leading up to our Compliancedashboard® webinar on December 5th, 2018: Contracts 101: […]