RSS FeedEmailPrint

Employee Benefits

RSS FeedEmailPrint

IRS Announces Retirement Plan Limitations for 2020

on November 7, 2019

Earlier today the Internal Revenue Service issued Notice 2019-59 announcing the cost-of-living adjustments applicable to pension and retirement plan dollar limitations for tax year 2020.  The elective deferral limit for participants who participate in 401(k), 403(b), 457(b) plans and SARSEPs has...


Read More >
 

IRS Issues Final Regulations for Hardship Distributions

Posted by: Bryan J. Gross on October 18, 2019

Court Decision Clears Way for Broader Use of Postnuptial Agreements

The IRS has issued final regulations regarding hardship distributions from 401(k) and 403(b) plans.  While the final regulations differ little from the proposed regulations (as described in our November 15, 2018 Employee Benefits ALERT), there are changes worth noting.

Employee Representation...


Read More >
 

Is Your Organization in Compliance With IRS Rules on Employer Identification Numbers?

Posted by: Kendall A. Schnurpel on April 30, 2019

Court Decision Clears Way for Broader Use of Postnuptial Agreements

On March 27, 2019 the IRS announced that taxpayers can no longer request an employer identification number (“EIN”) unless the “responsible party” named on the application has a Social Security number (“SSN”) or Individual Taxpayer Identification Number (“ITIN”). This change goes into effect on...


Read More >
 

Proposed Regulations Allowing for Expanded Usage of Health Reimbursement Arrangements (HRAs) - Another Step In President Trump's Focus on Health Care Reform

on November 19, 2018

A trifecta federal agency approach to expansion efforts related to health reimbursement arrangements (“HRAs”) occurred on October 29, 2018. The Departments of Treasury, Health and Human Services, and Labor (collectively, the “Departments”) jointly announced proposed HRA regulations, effective...


Read More >
 

IRS Announces Pension Plan Limitations for 2019

Posted by: Janice L. Hamilton on November 16, 2018

Court Decision Clears Way for Broader Use of Postnuptial Agreements

The Internal Revenue Service issued Notice 2018-83 announcing the cost-of-living  adjustments applicable to pension and retirement plan dollar limitations for tax year 2019.  The elective deferral limit for participants who participate in 401(k), 403(b), 457(b) plans and SARSEPs has increased...


Read More >
 

IRS Issues Proposed Regulations for Hardship Distributions

on November 15, 2018

The IRS initially issued proposed regulations on Friday, November 9, 2018 and published such regulations in the Federal Register on November 14, 2018 providing guidance related to modifications necessary to administer hardship distributions based on the statutory changes made by the Bipartisan...


Read More >
 

Recent Guidance for the Mental Health Parity Act: Are You in Compliance?

on June 19, 2018

The Department of Labor (“DOL”) is buckling down on compliance with the Mental Health Parity and Addiction Equity Act of 2008 (“MHPAEA”).  On April 23, 2018, the DOL released a plethora of updated information that provides employers, who sponsor health plans, even more insight as to how to...


Read More >
 

1 | 2 | 3 | 4 | next »