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): IRS Revamps Plan Document Approval Process
As you are probably aware, effective January 1, 2017, the IRS made sweeping changes to its rulings and determination letter program for qualified plans. The most striking change was the elimination of the prior five-year cycle for submitting determination letter
401(k): IRS Considers Expanding Determination Letter Program in 2019 for Certain Individually Designed Plans
Background In 2017, the IRS made sweeping changes to its rulings and determination letter program for qualified plans. The most striking change was the elimination of the prior five-year cycle for submitting determination letter applications for individually designed plans, although
401(k): What’s in a Name? IRS Changes Terminology for Preapproved Plans
In 2017, the IRS made sweeping changes to its rulings and determination letter program for qualified plans. The most striking change was the elimination of the prior five-year cycle for submitting determination letter applications for individually designed plans. Similarly, the
401(k): Let Us Observe a Moment of Silence for the Fiduciary Rule
On May 7, 2018, the U.S. Department of Labor (“DOL”)’s controversial “Fiduciary Rule” – long the bane of the ERISA financial services industry – was taken off life support, following a lengthy series of blows. The latest, and most lethal,