When an employee is on an extended leave of absence, there is often confusion regarding whether and to what extent the employer must continue to provide coverage to the employee under the employer-provided health plan. To determine whether coverage is required, the employer should consider the terms of the plan,
Articles Discussing General Topics In Employee Benefits.
DOL’s Controversial Retirement Security Rule Faces Immediate Legal Challenge
On April 23, 2024, the United States Department of Labor (DOL) issued updates to the investment advice fiduciary regulation, formally called the “Retirement Security Rule” and generally referred to as the “DOL Fiduciary Rule.” These updates, generally effective September 23, 2024 (a one-year transition period extends the effective date for
Happy National Employee Benefits Day 2024!
To all those who work in the employee benefits arena, whether in legal, finance, benefits administration, payroll, tax, human resources, or many other disciplines, this is our annual reminder to celebrate the valuable and important work done for employees, beneficiaries, and Plan Sponsors alike.
This year, we focus on the
Ice Ice Baby: Developments Around IVF Benefits
A recent Alabama Supreme Court case, LaPage v. Center for Reproductive Medicine, has made headlines and raised questions about the legal implications of providing in vitro fertilization (IVF) benefits. During IVF, eggs are fertilized outside the body to create an embryo, and in the case at hand, the parents sued
Sponsoring a Group Health Plan for Employees? What Employers Need to Know About the Consolidated Appropriations Act
Employers sponsoring group health plans must understand and comply with new requirements imposed by the Consolidated Appropriations Act. On the plus side, the new compliance requirements can provide sponsors with valuable insights into the operation of their group health plans. To avoid potential liabilities, however, sponsors should act proactively to
You Don’t Have To Go Home, But You Can’t Stay Here
It’s 2024, which means a new batch of provisions from SECURE Act 2.0 have gone into effect. One of the more significant ones is an increase in the “cashout” limit that a qualified plan can impose to kick former employees with small balances out of their plans.
The cashout limit
As We Turn to a New Year, What Leave Benefits Are Employers Offering in 2024? Mental Health Benefits Top the List
Do you, by chance, offer your employees “Paw-ternity” leave?
More seriously, how about NICU leave?
With the ever-increasing reality that the federal government will offer no lifeline to streamline the ever-growing list of states mandating employee paid leave, employers have decided to take the lead, leading to a new wave
Advantages and Disadvantages of Offering a Level-Funded Group Health Plan
Compliance Corner: A Primer on Health Reimbursement Arrangements
Mental Health Benefits: 2023 Year-End Update
The Year Ahead 2024: Employee Benefits
Welcome to We get work™ and The Year Ahead 2024 podcast series.
CMS Allows for the Coverage of Marriage and Family Therapists and Mental Health Counselors Services
Agencies Release Information Copies of the 2023 Form 5500 Series
Paying Employees to Opt Out of Health Insurance or Other Benefits: Problems and Potential Solutions
You Can Be Personally Liable For Withdrawal Liability Despite A Company’s Limited Liability Status
Unionized employers participating in an underfunded multiemployer pension plan face significant financial exposure when withdrawing (completely or partially) from the plan. The cost (called “withdrawal liability”) is generally based on the employer’s pro rata share of the pension plan’s unfunded vested benefits and typically amounts to hundreds of thousands or