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What Are Some Employer Best Practices for Managing a DOL Audit?

Most employer ERISA pension and welfare benefit plans are subject to investigation by the Department of Labor (DOL).  The Employee Benefits Security Administration (EBSA) is the agency of the DOL responsible for enforcing Title I of ERISA (which sets minimum standards to ensure that employee benefit plans are maintained in a fair and financially sound manner), including managing civil and criminal investigations. Read More

What Are the 2014 Cost of Living Adjustments for Retirement and Health and Welfare Plans?

The following provides a summary of the dollar limits applicable to retirement plans, health and welfare benefits and the social security wage base for the 2014 tax year. Retirement Plans  The dollar limits applicable to retirement plans for the 2014 tax year are as follows: Elective Deferrals:$17,500 (unchanged from 2013) Catch-Up Contributions: $5,500 (unchanged from 2013) Total Annual Read More

February 2014 Newsletter | Employer Best Practices for Managing a DOL Audit

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What is the Safe Harbor Method for Determining FTE Status for Ongoing Employees?

The requirement that employers provide affordable health insurance to employees (the "Employer Mandate") and the associated "pay or play" penalty under health care reform has been delayed until 2015. Whether an employer is subject to the Employer Mandate along with the amount of the Employer Mandate penalty (if any) will be determined by the number of an employer's full-time employees (FTEs). The Department of Read More

When Should a Company Consider Restricted Stock Grants to Executives?

Restricted stock grants (RSGs) are one of the most common forms of equity compensation in publicly traded companies. More than two-thirds of large publicly traded companies and half of small companies use RSGs. Generally, restricted stock grants provide executives grants of shares of stock that are subject to forfeiture unless certain conditions are satisfied.  The shares become available to the executive as the Read More

December 2013 Newsletter | First Quarter Compliance Calendar for Retirement and Health and Welfare Plans

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October 2013 Newsletter | Determining FTE Status for New Employees

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September 2013 Newsletter | Determining FTE Status For Ongoing Employees

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