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Important Guidance and Relief for 403(B) Plan Sponsors Who Exclude Part-Time Employees

Jackson Lewis P.C. • December 17, 2018
In the spirit of the holidays, the Internal Revenue Service gave a gift to sponsors of 403(b) tax-deferred annuity plans on December 4, 2018, by issuing IRS Notice 2018-95. For plan sponsors that exclude part-time employees from their 403(b) plans, this gift provides a 10-year nod on their historical plan administration, despite noncompliance with the once-in-always-in part-time exclusion condition.

ACA Ruled Unconstitutional, But It’s Status Quo For Employers—For Now

Fisher Phillips • December 17, 2018
A Texas federal judge dealt a serious blow to the Affordable Care Act (ACA) late Friday afternoon, ruling that the tax reform law passed by Congress in late 2017 rendered the healthcare law unconstitutional. While U.S. District Court Judge Reed O’Connor’s 55-page opinion overturns the entirety of the law on a national basis, his ruling does not include any sort of injunction that would immediately cause employers to alter their practices with respect to benefit administration. The law remains in place for the foreseeable future, but it certainly stands on shakier ground today than it did just a few days ago.

ACA Ruled Unconstitutional by Federal Judge, But Will It Stand?

XpertHR • December 17, 2018
A federal judge in Texas has ruled that the Affordable Care Act's (ACA's) individual coverage mandate is unconstitutional and that the ACA should be struck down in its entirety nationwide.

ACA Still in Effect, Despite New Federal Court Ruling

Littler Mendelson, P.C. • December 17, 2018
On December 14, 2018, a Texas federal court declared the entire Affordable Care Act (ACA) unconstitutional. Despite this broad holding (and clickbait headlines), employers should not expect to see any significant changes to the ACA in the near future.

Year-End Update on NYS and NYC Employment Laws

FordHarrison LLP • December 17, 2018
Over the past several years, both New York State and New York City have enacted significant new employment and labor laws. This Update summarizes the key laws you should be following and the penalties for violations.
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