In the Bipartisan Budget Act passed in February 2018 (“Act”), Congress loosened certain restrictions on hardship distributions from...

COBRA, or the Consolidated Omnibus Budget Reconciliation Act of 1985¹, provides for the temporary continuation of group health...

The Department of Labor (DOL) has issued proposed regulations providing a safe harbor under which employers would be able to ...

There are a lot of newcomers in town. The California legislature has been very busy lately creating new benefits law for...

In our newsletter last month, we described proposed regulations issued by the IRS that are intended to make it easier for plan sponsors...

What is an RMD? A “required minimum distribution” (“RMD”) sounds simple in theory. It means that for all qualified plans and ...

Although COBRA has been in effect since 1985, employers still struggle with compliance, whether with everyday COBRA administration or ...

A multiple employer plan (“MEP”) is a tax qualified retirement plan that is maintained by two or more employers that are not part...

With the Fifth Circuit Court of Appeals on the verge of determining the constitutionality and continued viability of the...

The California Secure Choice Retirement Savings Trust Act (“CalSavers”) takes effect on July 1, 2019. Large employers that have at least...

The IRS has yet again updated the Employee Plans Compliance Resolution System (EPCRS), this time expanding the use of the Self ...

A VCP is a submission to the IRS through its Voluntary Correction Program offered under the Employee Plans Compliance Resolution System...

IRS Opens the Door to Determination Letter Applications for Merged and Cash Balance Individually Designed Plans Revenue Procedure ...

The Initial Formation of a Self-Directed IRA Structure The landmark case of Swanson v. Commissioner, 106 T.C. 76 (1996) confirmed that an...

There is an old saying that goes: “Hindsight is 20/20,” but in the case of required plan amendments, that is not the case. Specific...

As of July 1, 2019, employers applying to the IRS for a favorable determination for a terminating plan will have to pay an ...

Albert Einstein theorized that because time is relative, a space traveler who leaves earth and travels near the speed of light ...

IRA owners who self-direct their IRA’s investments serve in a fiduciary capacity to their IRA and are subject to a variety of...

Proposed Rules to Expand HRAs Part 3: The Impact of Individual Coverage HRAs on PTC Eligibility (IRC Section 36B) and the Employer Shared...

The difference between an employer’s “settlor” and “fiduciary” role with respect to its employee benefit plans, the so-called...