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Employee Benefits

Employers Beware - So Says the IRS

The Internal Revenue Service (“IRS”) issued a May 12, 2017 memorandum from the Office of Chief Counsel (CCA 201719025) that reminds us all of the old saying “If it seems too good to be true then it probably is.”  The cost of benefits for employers and employees is not getting any cheaper as many of…

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Puzder out, Acosta In as Secretary of Labor Pick

Just a day after CKE Restaurants CEO Andy Puzder, amid allegations of conflicts of interest and possible discontent among employees, withdrew his nomination to serve as Secretary of Labor, President Trump has tabbed R. Alexander Acosta to head the Department of Labor (DOL).

Mr. Acosta has…

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Pension Plan Limitations for 2016: "What is Old is New Again"

As recently announced by the Internal Revenue Service, most of the annual dollar limitations relating to pension and other retirement plans will not be changing for 2016. In addition, the Social Security Administration has determined that the 2016 contribution and benefit base will remain at…

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