Posts from April 2015.
Chris Allesee
No plan sponsor wants to constantly look over the shoulder of its plan’s third party administrator (“TPA”) regarding matters of routine administration. However, if your plan allows participant loans and hardship withdrawals, the IRS reminded us in a recent bulletin that it may be worth taking a quick glance to see how ...
No plan sponsor wants to constantly look over the shoulder of its plan’s third party administrator (“TPA”) regarding matters of routine administration. However, if your plan allows participant loans and hardship withdrawals, the IRS reminded us in a recent bulletin that it may be worth taking a quick glance to see how ...
Chris Allesee
In 2010, the Department of Labor issued proposed regulations that sought to expand the definition of a fiduciary to cover more individuals that provide investment advice to benefit plans and participants. The industry outcry was so fierce that the DOL withdrew the proposed regulations in 2011. Since then, the DOL hunkered down in ...
In 2010, the Department of Labor issued proposed regulations that sought to expand the definition of a fiduciary to cover more individuals that provide investment advice to benefit plans and participants. The industry outcry was so fierce that the DOL withdrew the proposed regulations in 2011. Since then, the DOL hunkered down in ...
Lyndsey R. Barnett
The ACA changed the rules on employers offering wellness programs a few years back. A detailed discussion of these rules is found here. If these ACA rules aren’t complicated enough, the EEOC is proposing to change the rules even further. While I find it frustrating that yet another governmental agency finds the need to ...
The ACA changed the rules on employers offering wellness programs a few years back. A detailed discussion of these rules is found here. If these ACA rules aren’t complicated enough, the EEOC is proposing to change the rules even further. While I find it frustrating that yet another governmental agency finds the need to ...
Chris Allesee
The IRS’ voluntary compliance program (“VCP”) provides a participant-conscious solution for plans with participant loans failures, including loans that exceed the allowable amounts or repayment period, or those that have gone into default. Oftentimes, a plan sponsor that applies under VCP can prevent the issuance of ...
The IRS’ voluntary compliance program (“VCP”) provides a participant-conscious solution for plans with participant loans failures, including loans that exceed the allowable amounts or repayment period, or those that have gone into default. Oftentimes, a plan sponsor that applies under VCP can prevent the issuance of ...
Chris Allesee
As I prepare to post this article to a blog, I am reminded of how rapidly communications technology has advanced over the last couple decades. In many ways, life has become much easier, as we rely on email, smartphones, cloud servers, and websites to instantly communicate with anybody, at any time, and from almost anywhere in the ...
As I prepare to post this article to a blog, I am reminded of how rapidly communications technology has advanced over the last couple decades. In many ways, life has become much easier, as we rely on email, smartphones, cloud servers, and websites to instantly communicate with anybody, at any time, and from almost anywhere in the ...