We keep our clients up to date on ERISA legal compliance hot topics through our monthly newsletter

October 2015 Newsletter | IRS Releases 2016 Retirement Plan Limits

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September 2015 Newsletter | Why Is ACA Legal Compliance So Important?

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July 2015 Newsletter | Rev. Proc. 2015-28: IRS Updates Qualified Retirement Plan Correction Program

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June 2015 Newsletter | Supreme Court Upholds Federal Exchange Subsidies

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Supreme Court Upholds Federal Exchange Subsidies

On June 25, 2015, the Supreme Court ruled, in a 6-3 decision, that subsidies for individuals who purchase health insurance on Federally-facilitated health insurance Exchanges are legal under the Affordable Care Act (ACA). This HR Alert provides an overview of the issues involved in King v. Burwell, the Supreme Court's stated reasoning for upholding Federal Exchange subsidies, and the possible implications of this Read More

Pre-Approved Plan Program Extended to Include Cash Balance Plans and Employee Stock Ownership Plans (ESOPs)

On June 8, 2015, the Internal Revenue Service (IRS) issued Revenue Procedure 2015-36 (the “Revenue Procedure”), updating existing guidance on pre-approved plan (including master and prototype (M&S) and volume submitter (VS) plans) applications for opinion and advisory letters. It also opens the pre-approved program to cash balance plans and ESOPs. The Revenue Procedure modifies and supersedes Revenue Procedure Read More

Revenue Procedure 2015-27: IRS Updates Qualified Retirement Plan Correction Program

The IRS recently released Revenue Procedures 2015-27 and 2015-28, which modify, but do not replace, the existing Employee Plans Compliance Resolution System (EPCRS) in Revenue Procedure 2013-12 (the “2013 Revenue Procedure”). This HR Alert summarizes the changes included in Revenue-Procedure 2015-27. The July HR Alert will include a summary of the modifications set forth in Revenue-Procedure 2015-28. Generally, the Read More

IRS Prohibits Reimbursement of Individual Health Plan Premiums – Limited Transition Relief Available for Small Employers

Earlier this year, the IRS issued Notice 2015-17 (the “Notice”), which addresses employer direct payment or reimbursement of individual health plan premiums. Prior to the Affordable Care Act (ACA), employers were allowed to reimburse premiums paid for individual coverage on a tax-favored basis. Many small employers adopted this type of arrangement rather than sponsoring a group health plan. However, the Notice Read More

May 2015 Newsletter | Revenue-Procedure 2015-27: IRS Updates Qualified Retirement Plan Correction Program

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April 2015 Newsletter | DOL Issues New Proposed Fiduciary Standard

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