In April 2016, the U.S. Department of Labor (DOL) published its final rule—widely referred to as the “fiduciary rule”—amending the regulatory definition of “fiduciary investment advice” in 29 CFR 2510.3-21, replacing a five-part test that long has governed whether a person is deemed to render…
By way of Notice 2016-4, issued on December 28, 2015, the IRS has extended the deadlines for the information reporting for 2015 related to mandates of the Patient Protection and Affordable Care Act, as amended ("ACA"), that affect employers sponsoring group health plans. The applicable ACA…
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…
