March 2020

President Trump Signs “Families First Coronavirus Response Act” (H.R. 6201)

On March 25, 2020 the DOL's Wage and Hour Division issued it's first round of guidance.On Wednesday, March 18, 2020, President Trump signed into law the “Families First Coronavirus Response Act,” which passed by a majority of votes in both houses of Co…

March 2017

Did You Know Small Employers Now Have a Useful Tool to Help Offset the Cost of Health Insurance?

The Affordable Care Act (“ACA”) made it unlawful for employers to offer a pre-tax stipend to be used for health insurance costs.  With the passage of the 21st Century Cures Act, and adoption of the “Qualified Small Employer Health Reimbursement Arra…

January 2017

Did You Know? The Latest in ERISA & Employee Benefits

President Trump signs executive order aimed at minimizing burdens of the Affordable Care Act (ACA).President Trump’s executive order calls for federal agencies to “exercise all authority and discretion available to them to waive, defer, grant exemption…

December 2016

2016 Year End Compliance Update – Are You Ready?

While there are no major legislative changes required for 2016, there are some important compliance deadlines that are rapidly approaching. Plan sponsors can use the chart below to stay on track and maintain compliance.We also note, for your reference, ann…

July 2016

Determination Letter Changes

Amid concern from the IRS’s Advisory Committee on Tax Exempt and Government Entities that the curtailment of the determination letter program is a “mistake” and “shortsighted,” recent guidance issued by the IRS has made clear that starting in 201…

IRS Issues Proposed Regulations on Applying Section 409A to Nonqualified Plans

The Internal Revenue Service (IRS) issued proposed regulations that clarify or modify specific provisions of the final regulations under Internal Revenue Code ("Code") Section 409A. Although the proposed regulations do not become effective until finalized,…