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.
Don’t Forget: PCORI Fee Due Next Month
As COVID-19 has brought numerous changes to the world of health benefits, the Internal Revenue Service (IRS) published Notice 2020-44 to remind us that the PCORI fee is still due by July 31. The Notice announced the updated fee rate
DOL Issues Guidance on 401(k) Plan Investments in Private Equity
On June 3, 2020, the U.S. Department of Labor (“DOL”) issued guidance in the form of an Information Letter that significantly expands the defined contribution retirement plan (including 401(k) plan) investment landscape by expressly permitting the use of private equity
DOL Releases Final Regulations on Default Electronic Notices and Disclosures for 401(k) Plans
On May 21, 2020, the U.S. Department of Labor (“DOL”) released Final Regulations (along with a related DOL fact sheet) permitting administrators of retirement plans (including 401(k) plans) to use electronic methods as the default means of disseminating most required
IRS Provides Relief to Cafeteria Plans in Response to COVID-19
The IRS recently issued new guidance for cafeteria plans and high deductible health plans (HDHPs) pursuant to Notice 2020-29, which is specifically related to circumstances created by the COVID-19 pandemic. It provides for: Expanded opportunities to make mid-year cafeteria plan