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

For purposes of certain corrections under the IRS’s Employee Plans Compliance Resolution Program (See: Rev. Proc. 2018-52), the plan...

The U.S. Department of Labor published the increased monetary penalties applicable to employee benefit plans under the Employee ...

Plan sponsors often question which expenses can be paid with assets of their plan. Under ERISA, only certain expenses may be paid from...

The IRS released updated dollar limits for 2019 Retirement and Health and Welfare plans. This month’s Building Blocks of ERISA cover the...

The IRS released updated dollar limits for 2019 Retirement and Health and Welfare plans. This month’s Building Blocks of ERISA cover the...

In order to encourage employers to use plan designs that include automatic contribution features (such as auto enrollment and auto ...

“Auto-enrollment” is a plan design feature that takes advantage of the common human tendency towards inertia to help employees save for...

An FSA, or flexible spending account, is an account maintained under a Code Section 125 cafeteria plan to which an employee makes ...

EPCRS stands for the “Employee Plans Compliance Resolution System,” which is a comprehensive system of correction programs for sponsors...

A “Safe Harbor” 401(k) Plan is a type of 401(k) plan that is designed to automatically pass the otherwise applicable nondiscrimination ...

A fidelity bond is a specific type of insurance mandated by ERISA §412 to protect plans from losses that result from acts of fraud or...

What is a “410(b) Transition Period”? A 410(b) transition period is a period following a transaction in which a company that maintains a...

The U.S. Department of Labor published the increased monetary penalties applicable to employee benefit plans under the Employee Retirement...

The Employee Retirement Income Security Act (“ERISA”) requires group health plans to provide a summary of material modifications (“SMM”)...

The U.S. Department of Labor published the increased monetary penalties applicable to employee benefit plans under the Employee Retirement...

Effective January 2, 2018, the IRS simplified the user fees charged for most submissions made under the Voluntary...

© Boutwell Fay LLP 2017, All Rights Reserved. This chart is for information purposes only, and may constitute attorney ...

In addition to being a favorite acronym under the Internal Revenue Code, and there are plenty to choose from, a QSLOB is...