IRS Releases Guidance on Overpayments from 401(k) Plans
On October 15, 2024, the IRS released Notice 2024-77, addressing new rules regarding corrections of overpayments from retirement plans (including 401(k) plans) under the SECURE […]
2025 Adjsted Dollar Limits for 401(k) Plans Released by IRS
On November 1, 2024, the IRS released its annual notice, Notice 2024-80, setting forth the various dollar limitations for contributions and benefits under qualified retirement […]
Prepare for the ACA in 2025: Don’t Let Compliance Fall Through the Cracks!
Missing Affordable Care Act (ACA) deadlines in 2025 could bring unexpected costs. Stay organized to avoid steep penalties!
WHCRA and ACA FAQs: Key Takeaways
On October 21, 2024, new FAQs on the Affordable Care Act (ACA) and the Women’s Health and Cancer Rights Act (WHCRA) were issued, providing critical […]
Spooky Compliance Monsters: Common Compliance Errors During Open Enrollment
As the chilling winds of October sweep in, it’s time for the spookiest event of the year: Open Enrollment. Don’t let your benefits decisions haunt […]
IRS Ruling on 401(k) Discretionary Contributions
On August 23, 2024, the IRS gave its approval to a novel arrangement in which employees participating in their employer’s 401(k) plan would be permitted […]
MHPAEA Final Rule: New Compliance Requirements for Employers Starting 2025
MHPAEA Final Rule: New Compliance Requirements for Employers Starting 2025 Recently, the U.S. Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury […]
DOL Confirms Cybersecurity Guidance Covers All Employee Benefit Plans
The DOL’s Employee Benefits Security Administration (EBSA) confirms that the cybersecurity guidance it issued in April 2021 applies to all employee benefit plans, including health […]
Texas Lawsuit and Reproductive Health Records
On September 4, 2024, Texas filed a lawsuit against the Department of Health and Human Services (HHS), the HHS Secretary, and Office for Civil Rights […]