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January 19, 2011 Retirement Plans Newsletter  |  Advertise  |  Unsubscribe

Basic Questions, Elusive Answers on Health Law – "As the fight over health care returned to the House floor on Tuesday, the debate could largely be stripped down to four questions that are relatively simple to ask, if not to answer . . . ." (The New York Times; one-time registration required)


Nat'l Health Benefits Conf & Expo (HBCE) Jan.31-Feb.1, Clearwater Bch, FL (advert.)

Sponsored by Health Benefits Conference & Expo (HBCE)

Our speakers literally wrote the books on health benefits management, on-site clinics and obesity control. Hear speakers from Walmart, Intel, Time Warner and governmental employers. Low cost, high quality! www.HBCE.com Ph: 941-484-1430 info@HBCE.com


[Guidance Overview]
Discovery Permitted to Determine Scope of Administrative Record – "The district court may consider evidence outside of the administrative record only if that evidence is offered in support of a procedural challenge to the administrator's decision, such as an alleged lack of due process afforded by the administrator or alleged bias on its part. This also means that any prehearing discovery at the district court level should be limited to such procedural challenges." (Roy Harmon III via Health Plan Law)

Intel to Open Up Primary Care Clinics at Large Work Sites – "This month, Intel announced the opening of a 5,000-square-foot primary care center at its 5,800-employee office and lab facility in Hillsboro, Oregon. The 'Health for Life' center follows a successful pilot program launched a year ago at two Intel work sites in Arizona, where half of the employees used the on-site clinics for primary care, resulting in 22,000 visits." (CFO.com)


ftwilliam.com is dedicated to making your life easier! (advert.)

Sponsored by ftwilliam.com

Sign up for our free webinar February 2nd and learn about our automation and productivity tools. We’ll cover batch printing of amendments and notices, workflow for tracking 5500 statuses, our web-portal for e-filing and census collection and more!


Benefits in General; Executive Compensation

[Official Guidance]
Fact Sheet: The President's Regulatory Strategy – "As part of the immediate implementation of this strategy, the President also issued a memorandum to the heads of Executive Agencies and Departments calling for more transparency and accountability in regulatory compliance, as well as a memorandum emphasizing the need to reduce burdens on small businesses whenever possible." (The White House)

[Official Guidance]
Text of Present Law and Historical Overview of the Federal Tax System, January 18, 2011 – "The Committee on Ways and Means has scheduled a public hearing on January 20, 2011, on the costs imposed on families, employers, and the economy at large by the current structure of the Federal income tax. This document . . . provides a summary of the Federal tax system, briefly describes its historical development over the period of time beginning in 1975, and provides an appendix of selected historical data on Federal tax rates, Federal tax receipts, components of adjusted gross income, and other features of the Federal tax system." (U.S. Congress Joint Committee on Taxation)

[Guidance Overview]
Reporting Deadline Approaches for 2010 ISO Exercises and ESPP Stock Transfers – "Beginning with regard to exercises or transfers that occurred in 2010, public and private corporations are also required to file an information return with the [IRS]. The IRS issued two forms, Form 3921 and Form 3922, which now are used in satisfying both of these requirements." (Michael Best & Friedrich LLP)

SEC Brings Litigation for the Alleged Failure to Disclose Perks – "Earlier this week, the SEC charged a company and its current and former executives with failing to disclose to investors more than $1.18 mil.lion in perks paid to the former CEO over a six-year period. The SEC alleged that NIC Inc.'s public filings failed to disclose that the company provided perks enjoyed by former CEO, his girlfriend, and his family -- including vacations, computers, and day-to-day personal living expenses, and failed to disclose that it paid thousands of dollars per month for the CEO to live in a Wyoming ski lodge and commute by private aircraft to his office at NIC's Kansas headquarters." (Michael S. Melbinger via Winston & Strawn LLP)

Health Care, Financial Reform Skirt Obama Review – "President Barack Obama's government-wide review of federal regulations will have little effect on two of the president's major regulatory victories: an overhaul of Wall Street and the health-care market, according to a White House budget official." (The Wall Street Journal)

Press Releases

Minister Sentenced To 30 Months For Embezzlement Of Union Funds U.S. Department of Labor, Employee Benefits Security Administration (EBSA)

Judge Orders Minnesota-based Copy Cat Business Systems and Former Owners to Repay More than $13,000 to Company's SIMPLE IRA Plan U.S. Department of Labor, Employee Benefits Security Administration (EBSA)

NBCH Launches Valued-Based Purchasing Website for Employers National Business Coalition on Health

Independent Fiduciary Symposium to Be Held in Denver Independent Fiduciary Training, LLC

Insurance Brokerage Firm Connelly, Carlisle, Fields & Nichols Launches Operations Connelly, Carlisle, Fields & Nichols


Employee Benefits Jobs

Pension Assistant
for Preferred Pension Planning Corporation in NJ

Transition Manager
for AUL/OneAmerica Financial Partners, Inc. in IN

Plan Consultant
for 401(k) Advisors in CA

Benefits Analyst
for AUL/OneAmerica Financial Partners, Inc. in IN


Webcasts and Conferences

401(k) Rekon Advisor Symposium- Cherry Hill
in New Jersey on February 17, 2011 401(k) Rekon


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