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274 Matching News Items

1.  Summaries of Benefits and Coverage Back on the Schedule and Other Employee Benefits News
Vorys Link to more items from this source
Feb. 16, 2012
The revised rules and template were published on February 9, 2012 (available at http://www.dol.gov/ebsa/healthreform/). The revised rules and template are an improvement over the originals, but are still going to pose challenges to employers.
2.  How to Deliver the Tough Benefit News
Workforce.com; free registration required Link to more items from this source
Sept. 6, 2002
Excerpt: [S]ome consultants believe it's a good idea to hold focus groups with employees early in the process, not only to decide what kind of benefit change would be most palatable to employees, but also to get input on the communication strategy.... Regardless of whether you decide to seek employee input on the changes or not, all benefits communication should answer four questions: ...
3.  Comprehensive Directory of COVID-19 (Coronavirus) News for Employee Benefit Plans
BenefitsLink Link to more items from this source
Mar. 19, 2020
BenefitsLink presents a cumulative directory of Official guidance issued by IRS, DOL, HHS and other federal agencies Laws and bills from federal, state and local governments. Analysis and explanations published online by law firms, consulting firms and others. Benefits-related items from popular news media and trade publications. Use the checkboxes and buttons at the top of the directory to narrow the view to either Retirement or Health & Welfare Plans, or to to one or more of the listed types of items. This directory is updated each day as new items are added.
4.  It's Time for Employee Benefit Technology Partnerships
Employee Benefit News Link to more items from this source
June 26, 2019
"Consolidated mobile technologies that pull together disparate carriers, payroll organizations, HRIS (learning, PTO, etc.), telemedicine, 401(k), wellness, cost transparency, FSA and other data, all in one-view with drill-down abilities per category, simplify the experience and increase utilization. Focused and planned push/pull notifications through the app to the employee level that matches an employer's strategic initiatives for the year, not just for HR, but for the whole organization, greatly increases the total ROI of the HR team."
5.  Text of IRS News Release IR-2005-90, Disaster Relief Regarding Certain Employee Plan Contributions for Victims of Hurricane Katrina
Internal Revenue Service [IRS] Link to more items from this source
Sept. 7, 2005
Excerpt: The Internal Revenue Service, the Department of Labor's Employee Benefits Security Administration and the Pension Benefit Guaranty Corporation officials announced today their agencies are providing relief in connection with certain employee benefit plans because of damage in the Gulf Coast area caused by Hurricane Katrina.
6.  Text of EBSA News Release Announcing April 1, 2018 Applicability Date for Final Rule Amending Claims Procedure for Disability Benefit Plans
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] Link to more items from this source
Jan. 7, 2018
"[The DOL] announced [on January 5] its decision for April 1, 2018, as the applicability date for employee benefit plans to comply with a final rule under [ERISA] that will give America's workers new procedural protections when dealing with plan fiduciaries and insurance providers who deny their claims for disability benefits.... The Department received approximately 200 comment letters ... The information provided in the comments did not establish that the final rule imposes unnecessary regulatory burdens or significantly impairs workers' access to disability insurance benefits."
7.  IRS Employee Plans News: Determination Letter Requests for Amended Statutory Hybrid Plans (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Aug. 24, 2020
"[A]pplicants that submit applications by August 31, 2020, that are not complete may supplement their applications through the end of 2020. An application submitted by the August 31, 2020, deadline will need to contain, at a minimum, the following documents: [1] Form 5300, Application for Determination of Employee Benefit Plan; [2] Form 8717, User Fee for Employee Plan Determination Letter Request, with appropriate user fee; and [3] Form 8821, Tax Information Authorization, or Form 2848, Power of Attorney, if applicable.... IRS will send an Application Identification Sheet for additional documents and information.... [I]nclude the Application Identification Sheet with any further submissions so that any documents or information sent after the initial submission can be associated with the initial determination letter application.... EP Determinations will not review a hybrid plan determination letter application described above for completeness until at least January 1, 2021."
8.  IRS Employee Plans News, Spring 2009 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Mar. 24, 2009
Excerpt: This edition contains the following articles: * Know a Nonamender? Here's what you need to know Now... * Final Regulations Issued for Automatic Contribution Arrangements * Sample Plan Language - Transfer of an ESOP's S Corporation Shares to Prevent a Nonallocation Year * The EPCU Insider -The Multiemployer Actuarial Certification Project - Defined Benefit Plan Actuarial Certification Errors * ERPA - CPE Sponsor Program * Web Spins - The Retirement Plans Site * Employee Plans Published Guidance * Critical Priorities...With Monika Templeman - Today's Discussion: Update on the Enrolled Retirement Plan Agent Program * Attention All 2009 Form 1099-R Issuers * Highlights of the Retirement News for Employers * The Corner of Forms & Pubs * We're Glad You Asked! * 403(b) Phone Forum * DOL Corner * PBGC Insights * Calendar of EP Benefits Conferences
9.  Employee Benefit Plans: Mistakes and Summary of Available Correction Programs
WithumSmith+Brown, PC Link to more items from this source
Oct. 12, 2017
"Employee benefit and retirement plans are required to comply with a number of complex laws and regulations, and failure to do so can result in significant penalties and/or disqualification of a plan.... Despite best intentions different plan errors can occur. The good news is that there are correction program options available for plan sponsors without sacrificing the qualified status of a plan."
10.  IRS Employee Plans News, Issue 2010-11, November 26, 2010 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Nov. 29, 2010
10 pages. In this edition of the Employee Plans News: Funding Relief for Multiemployer Defined Benefit Plans; Governmental Retirement Plans - Determination Letters; Pre-Approved IRAs; and Form 5500 Notices Sent in Error Need a Response.
11.  IRS Employee Plans News, Issue 2010-12, December 17, 2010 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Dec. 20, 2010
In this edition of the EP News: Proposed Extension of Qualified Charitable Distributions; Extended Deadline to Adopt Certain Amendments for Defined Benefit Plans; Unforeseeable Emergency Distributions from 457(b) Plans; Amortization Period Extensions for Multiemployer Plans; Modification of Group Trust Rules; EP Compliance Unit Projects; DOL Corner; and PBGC Insights.
12.  IRS Employee Plans News, Special Edition, February 1, 2007 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Feb. 2, 2007
Articles: 'IRS Employee Plans Director Comments on Staggered Remedial Amendment Cycles', 'Determination Letter Program Open for Cycle B Individually Designed and Multiple Employer Plans', and 'Opening of the Pre-Approved (Volume Submitter and Master & Prototype) Defined Benefit Plans Program Announced.' Excerpt: As of February 1, 2007, the IRS will begin accepting applications for advisory and opinion letters for defined benefit plans ...
13.  IRS Employee Plans News, Special Edition, February 1, 2007 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Feb. 5, 2007
3 pages. The edition includes: Opening of the Pre-Approved (Volume Submitter and Master & Prototype) Defined Benefit Plans Program Announced; Determination Letter Program Open for Cycle B Individually Designed and Multiple Employer Plans; and, IRS Employee Plans Director Comments on Staggered Remedial Amendment Cycles.
14.  Survey by International Foundation of Employee Benefit Plans Finds DC Sponsors Are Making Plan Changes in Face of Economic Downturn
planadviser Link to more items from this source
May 13, 2009
Excerpt: An IFEBP news release said 13% of DC plan sponsors have changed their investment product offerings as a result of the crisis -- almost double the 7% who reported doing so six months earlier. Of the 13% who have implemented changes, 21% added more low-risk investment choices, 18% increased diversification, 16% added lifecycle (target-date) funds or money market funds, and 15% added government-backed options. The poll found 16% of DC plan sponsors reduced or eliminated employer matches as a result of the economic situation. Of those who report having changed their match, 44% have reduced the amount of the match and 52% have suspended the match all together.
15.  IRS Employee Plans News, Issue 2012-3, November 14, 2012 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Nov. 15, 2012
Articles include: Internal Controls Are Essential -- Encourage sponsors to review their plan annually to avoid mistakes; Employer Matching Contributions -- Meet your plan's match formula even if a participant stops making salary deferrals; Benefit Restriction Notices -- Requirements and sample notices for single-employer defined benefit plans; Lifetime Annuity Guidance -- Highlights of recent phone forum on how plans can offer annuity options for retirees; and Missing Participants or Beneficiaries -- Recent changes to the letter forwarding program.
16.  IRS Employee Plans News 2015-2, February 27, 2015 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Feb. 27, 2015
Topics include: [1] Correction options for 457(b) plans -- EP Voluntary Compliance is not available for form errors; [2] March webinars: [a] Highlights of the Second Cycle E Determination Letter Application Process -- March 5, 2015; and [b] Retirement Plan Loans to Participants -- March 26, 2015; [3] my Social Security account -- to get a replacement SSA-1099 or SSA-1042S online; [4] updates to: [a] PBGC Insights page; [b] Publication 4484, Choose a Retirement Plan for Employees of Tax Exempt and Government Entities; and [c] Form 8955-SSA, Annual Registration Statement Identifying Separated Participants With Deferred Vested Benefit (Instructions).
17.  IRS Employee Plans News, Issue 2010-13, December 22, 2010 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Dec. 23, 2010
2 pages. In this edition: Funding Relief for Single-Employer Defined Benefit Plans -- Alternative funding shortfall amortization schedules for single-employer DB plans under Notice 2011-3.
18.  IRS Employee Plans News, Special Edition, January 2010 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Jan. 13, 2010
2 pages. Contains several brief articles, including 'Cycle D Submission Period Ends on February 1, 2010,' 'New Address for Determination Letter Applications', 'April 30 Deadline for DC Pre-Approved Plans,' and 'Free Phone Forum on Funding-Based Benefit Restrictions -- January 26, 2010.
19.  IRS Employee Plans News, Winter 2010 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Dec. 18, 2009
13 pages. This edition includes articles such as 2010 Rules for Roth IRAs; Roth IRA Distributions; Notice Requirements for Pension Plans That Reduce Benefit Accruals; 2009-2010 EP Guidance Plan; Priorities for the Upcoming Year; Deadline for Certain Required Plan Amendments is Extended; The EPCU Insider; and PBGC Insights.
20.  IRS Employee Plans News, Special Edition, September 25, 2009 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Sept. 28, 2009
3 pages. Excerpt: This Special Edition of Employee Plans News contains the following articles: [1] 'Upcoming Funding Regulations' states that the IRS and the Department of Treasury expect to issue final regulations in the near future that will cover measurement of assets and liabilities under ?430, and the application of benefit restrictions of ?436 for single-employer defined benefit plans. It also provides assistance to actuaries in issuing the adjusted funding target attainment percentage (AFTAP) for 2009. [2] 'Additional Guidance on 2009 Waiver of Required Minimum Distributions' explains key provisions of Notice 2009-82, issued on September 24, 2009, that provides guidance, transitional relief, sample plan amendments and answers to questions related to the waiver of 2009 required minimum distributions.
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