Usbenefits.law

DOL Provides Long-Awaited Guidance on Service Provider Health …

WebAt long last, the Department of Labor has provided guidance on interpreting requirements imposed on group health plan fiduciaries as a part of the Consolidated …

Actived: 5 days ago

URL: https://www.usbenefits.law/2022/01/dol-provides-long-awaited-guidance-on-service-provider-health-plan-disclosures-and-related-enforcement-policy/

The First 100 Days: Changes Afoot for Health and Welfare Plans

WebThe first 100 days of President Biden’s presidency are likely to bring a number of changes for employer-sponsored health and welfare plans. The more than three …

Category:  Health Go Health

Key Takeaways From The DOL’s “Best Practices” Missing …

WebAll too often, retirement plan administrators and benefits attorneys encounter situations with missing participants or uncashed checks that result in head scratching …

Category:  Health Go Health

Impact of Families First Coronavirus Response Act on Health Plans

WebThe Families First Coronavirus Response Act, signed into law on March 18, 2020, is a significant piece of federal legislation addressing the 2019 Novel Coronavirus …

Category:  Coronavirus Go Health

States Lack Standing

WebStates Lack Standing – ACA Remains Standing. By Debra B. Hoffman, Stephanie B. Vasconcellos & Andrew J. Pincus on June 22, 2021. Posted in Employee …

Category:  Health Go Health

IRS Annual Limits for Benefit Plans: 2024 Cost of Living Adjustments

WebThe Internal Revenue Service (IRS) has released its 2024 cost-of-living adjustments are applicable to employee benefit plans, was released for 2024.

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DOL Issues COVID-Related Deadline Relief

WebThe Department of Labor (together with the Treasury Department) has issued helpful deadline relief for participants and beneficiaries in health, disability, other welfare …

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Can Employers Ask for Proof of COVID-19 Vaccination Status …

WebRecent Updates. US Department of Labor Publishes Final Amendment to QPAM Exemption; Lifetime Income Products in CITs on the Rise; IRS Annual Limits for …

Category:  Health Go Health

SECURE 2.0 Facilitates Funding Retiree Medical and Life Insurance

WebAmong the many changes to laws governing retirement plans in SECURE 2.0—the long-awaited follow-up to the 2019 SECURE Act that passed as part of the 2023 Consolidated …

Category:  Health Go Health

IRS Changes Course Again on HSAs Benefits & Compensation Blog

WebIn welcome news, the IRS reversed its course on the maximum annual health savings account contribution for a family with high deductible health coverage.

Category:  Course Go Health

What DC Plan Fiduciaries Should Know

WebCollective Investment Trusts – What DC Plan Fiduciaries Should Know. A collective investment trust (“CIT”) is a longstanding vehicle used by banks and trust …

Category:  Health Go Health

IRS Releases Annual Cost-of-Living Adjustments Benefits

WebSmall employers taking advantage of the fairly recent opportunity to provide Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs) to eligible …

Category:  Health Go Health

Cadillac Tax Repeal on the Horizon

WebThe Affordable Care Act contains a provision–the so-called “Cadillac tax”–providing for a 40% exci se tax on high cost employer-sponsored health coverage. …

Category:  Health Go Health

New Year, Old FSA Money

WebAfter several delays, the Consolidated Appropriations Act, 2021 (the “Act”) was signed into law on December 27, 2020. Although the Act primarily addresses …

Category:  Health Go Health

IRS Makes Cost-of-Living Adjustments for 2021

WebSmall employers providing Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs) to their employees can offer increased reimbursements of up …

Category:  Health Go Health

Mandatory Arbitration: The Next Frontier for ERISA Retirement …

WebIn 2017, plaintiff Michael Dorman filed a putative class action in federal court alleging that Schwab had breached its fiduciary duties under ERISA by adding allegedly …

Category:  Health Go Health

Annual Limitations

WebAnnual Limitations Effective as of January 1, 2019 LIMIT 2019 2018 2017 Elective Deferrals IRC Section: 402(g)(1); 457(e)(15); 408(p)(2)(E)

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Stable Value Funds: A Financial Investment with Risky Litigation

WebAt the table in the kitchen, there were three bowls of porridge. Goldilocks was hungry. She tasted the porridge from the first bowl. “This porridge is too hot!” she …

Category:  Health Go Health

Annual Limitations

WebLIMIT 2021 2020 2019 Qualified Transportation Fringe (Monthly) Parking Mass Transit Pass/Vanpool $270 $270 $270 $270 $265 $265 Adoption Assistance Programs

Category:  Health Go Health