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.
CAA #12: Interim Final Rule on Rx Drug and Healthcare Spending
The Department of Health and Human Services (HHS), the Department of Labor (DOL), and the Department of the Treasury (collectively, the Departments) have published an Interim Final Regulation (IFR) implementing the Prescription Drug and Health Care Spending provisions of the
CMS Releases Petition Instructions for Entities Seeking IDR Certification
The Centers for Medicare and Medicaid (CMS) released instructions via their website for entities wishing to apply as a certified independent dispute resolution (IDR) entity. The IDR process, a product of the Consolidated Appropriations Act (CAA), is no joking matter.
IRS ADDS TWO FAQs TO ITS COVID-19 Q&A GUIDANCE FOR RETIREMENT PLANS
On October 28, 2021, the Internal Revenue Service (“IRS”) added two FAQs to its official guidance in the form of questions and answers (“Q&As”) regarding COVID-19 pandemic relief for retirement plans, including 401(k) plans. The first FAQ addresses whether rehiring
DOL Temporarily Extends Non-Enforcement Relief for Investment Advice Fiduciaries
On October 25, 2021, the U.S. Department of Labor (“DOL”) issued Field Assistance Bulletin (“FAB”) 2021-02 , temporarily extending its non-enforcement policy regarding certain rules applicable to fiduciaries who provide investment advice for 401(k) plans, in accordance with Prohibited Transaction