Compass
|
Loan & Distribution Specialist AimPoint Pension
|
Bates & Company, Inc.
|
AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Consultant Warns of New DOL Audits Eying Compliance with Key Parts of ACA
Bloomberg BNA June 10, 2014
"'What are they looking for? They are looking for information, documentation and operational compliance,' [said Jerry Kalish, president of National Benefit Services Inc.]. 'I would maintain that, functionally, preparing for a [DOL] audit for health and welfare plans is not different, but for the subject matter, than what it is in a 401(k) or a qualified plan audit.' ... Kalish warned plan sponsors to prepare for a wide range of health and welfare issues beyond the ACA -- such as ones involving [ERISA, HIPAA and COBRA] -- if they are notified of an audit."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |