The August Monthly Minute highlights new IRS guidance addressing student loan matching programs, HHS’s increases to civil monetary penalties and Form 5330 paper filing updates....more
8/28/2024
/ Benefit Plan Sponsors ,
Civil Monetary Penalty ,
Department of Health and Human Services (HHS) ,
E-Filing ,
Employee Benefits ,
Employees ,
Employer Contributions ,
Employer Group Health Plans ,
Employer Liability Issues ,
Filing Requirements ,
Health Insurance Portability and Accountability Act (HIPAA) ,
HIPAA Privacy Rule ,
HIPAA Security Rule ,
IRS ,
Medicare ,
Privacy Laws ,
Required Forms ,
SBC ,
SECURE Act ,
Student Loans
The January Monthly Minute digs deeper into the IRS’ SECURE 2.0 implementation guidance. As promised, in the January Monthly Minute, we are providing additional details of the IRS’ SECURE 2.0 implementation guidance. Noted...more
In Notice 2023-62, the IRS walked back the SECURE 2.0 rule that required catch-up contributions to be designated as Roth contributions except in the case of employees with compensation of $145,000 or less (indexed), by...more