Blog
The information and content contained in this blog are for general informational purposes only, and does not, and is not intended to, constitute legal advice. As always, for specific questions concerning your health or 401(k) plans, please consult your own ERISA attorney or professional advisor.
401(K): What Do I Need To Know About SECURE 2.0? Overview Of Significant Provisions, Part II
As we have previously reported, Congress passed the SECURE 2.0 Act of 2022 (“SECURE 2.0”), a vast collection of retirement-related provisions having a profound effect on 401(k) plans, as part of the larger Consolidated Appropriations Act, 2023 (“CAA”) in late December
IRS Announces 2024 Shared Responsibility Penalties under the Affordable Care Act
The IRS has announced an increase in the annual shared responsibility penalty amounts for calendar year 2024. These are the penalties that an applicable large employer can be assessed under the ACA if a full-time employee enrolls for subsidized coverage
New IRS Electronic Filing Rules Will Apply To Most Employers
The IRS has published new rules that will increase the number of employers who must file information returns electronically. Under previous rules, employers that filed more than 250 information returns per year were required to use the IRS electronic filing
Government Issues Guidance On Prohibition Against Gag Clauses
The Departments of Labor, Health and Human Services, and Treasury (collectively, the Departments) have published FAQs About Affordable Care Act And Consolidated Appropriations Act, 2021 Implementation Part 57 (FAQ 57) regarding implementation of the prohibition against the use of gag