On November 1, 2023, the Internal Revenue Service (IRS) released Notice 2023-75, which sets forth the 2024 cost-of-living adjustments affecting dollar limits on benefits and contributions for qualified retirement plans. The...more
11/21/2023
/ 401k ,
403(b) Plans ,
457(b) Plans ,
Compensation & Benefits ,
Contribution Limits ,
Cost-of-Living Adjustment (COLA) ,
Employee Benefits ,
ESOP ,
Financial Services Industry ,
Flexible Spending Accounts ,
HDHP ,
Health Savings Accounts ,
Internal Revenue Code (IRC) ,
IRS ,
Qualified Retirement Plans ,
Tax Planning
On October 21, 2022, the Internal Revenue Service (IRS) released Notice 2022-55, which sets forth the 2023 cost-of-living adjustments affecting dollar limits on benefits and contributions for qualified retirement plans....more
On May 18, 2021, the Internal Revenue Service (IRS) released much-anticipated guidance on premium subsidies for continuation coverage under Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) provided by the...more
6/1/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
COBRA ,
Coronavirus/COVID-19 ,
Employee Benefits ,
Health Insurance ,
Infectious Diseases ,
IRS ,
Premium Subsidies ,
Relief Measures ,
Tax Credits
The U.S. Treasury Department, Internal Revenue Service (IRS) and the U.S. Department of Labor (DOL) collectively, the "agencies," issued a press release Friday, March 20 updating employers required to provide paid leave to...more
3/21/2020
/ Child Care ,
Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Families First Coronavirus Response Act (FFCRA) ,
IRS ,
Paid Leave ,
Paid Time Off (PTO) ,
Relief Measures ,
Sick Pay ,
Tax Credits ,
U.S. Treasury
On November 6, 2019, the Internal Revenue Service (IRS) released Notice 2019-59, which sets forth the 2020 cost-of-living adjustments affecting dollar limits on benefits and contributions for qualified retirement plans. The...more
11/7/2019
/ 401k ,
403(b) Plans ,
457(b) Plans ,
Cafeteria Plans ,
Compensation & Benefits ,
Contribution Limits ,
Cost-of-Living Adjustment (COLA) ,
Defined Contribution Plans ,
Employee Benefits ,
Employer Contributions ,
ESOP ,
Internal Revenue Code (IRC) ,
IRS ,
Popular ,
Retirement Plan ,
Tax Planning
New guidance helps plan sponsors and employers manage and operate AHPs -
The Department of Labor (DOL) and Internal Revenue Service (IRS) recently released guidance related to the DOL's June 28th final rule on association...more
8/28/2018
/ Affordable Care Act ,
Association Health Plans ,
COBRA ,
Compensation & Benefits ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Health Insurance ,
Healthcare Reform ,
IRS ,
MEWAs ,
Reporting Requirements