Call us at 888-378-9398

DOL Publishes Final Rule Delaying Disability Claims Regulations

On Nov. 29, 2017, the DOL published final regulations providing a 90-day delay – through April 1, 2018 – of the effective date of the final regulations concerning claims procedures for plans that provide disability benefits. As background, on Oct. 12, 2017, the DOL...

IRS Announces Enforcement of Employer Mandate Penalties

On Nov. 2, 2017, the IRS released new FAQs on their website and a sample ESRP notification letter (Letter 226J) with corresponding webpage. On the sample letter and website, the IRS provides details regarding assessment and collection of ESRPs for the 2015 calendar...

IRS Issues 2018 Cost-of-Living Adjustments for Inflation

On Oct. 19, 2017, the IRS issued Revenue Procedure 2017-58, which relates to certain cost-of-living adjustments for a wide variety of tax-related items, including transportation benefits, qualified parking benefits, health FSAs, QSEHRAs and other limitations for tax...

Legislation Provides Retirement Plan Relief to Hurricane Victims

Recently enacted legislation (the Disaster Tax Relief and Airport and Airway Extension Act of 2017) and recently released guidance provide retirement plan relief for hurricane victims (including Hurricanes Harvey, Irma and Maria). The legislation specifically relates...

IRS Allows Paid Leave Donation for Hurricane Maria Relief Victims

On Oct. 6, 2017, the IRS released Notice 2017-62, which provides guidance for the treatment of cash payments made by employers under leave-based donation programs to assist victims of Hurricane Maria. This notice is similar to previous IRS guidance released for...