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Managing Director - Operations, Benefits Daybright Financial
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Strongpoint Partners
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Combo Retirement Plan Administrator Strongpoint Partners
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Anchor 3(16) Fiduciary Solutions
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Cash Balance/ Defined Benefit Plan Administrator Steidle Pension Solutions, LLC
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“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
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44 Matching News Items |
| 1. |
Jackson Walker in The NAPPA Report
Nov. 9, 2025
"The determination of actuarial assumptions to be used for plan purposes is certainly a fiduciary action.... But what about actuarial assumptions used for other plan purposes that are more administrative in nature? ... Recent cases under [ERISA[ highlight the potential risks and liabilities associated with these selections."
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| 2. |
Jackson Walker
Sept. 28, 2025
"Recent headlines have provided ... information on changing approvals of recommended vaccines.... As the group health plan rules continue to evolve, longstanding legal requirements still apply. In particular, group health plan coverage for pediatric vaccines has been mandated to remain constant since May 1, 1993."
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| 3. |
Jackson Walker
Apr. 7, 2025
"On January 20, 2025, one of the Executive Orders pulled back all proposed regulations that had been issued in the last 60 days, including proposed regulations on retirement plan changes in the law known as SECURE 2.[0] The proposed regulations pulled back are starting to emerge from the 60-day delay.... Catch-up contributions ... New 401(k) plan mandated automatic enrollment."
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| 4. |
Jackson Walker
Jan. 29, 2025
"Congress recently amended the tax code ... to add a six-year statute of limitations on the 'employer shared responsibility payments' under the [ACA] for an employer's failure to offer health insurance providing minimum essential coverage and/or health insurance that is affordable.... The six-year statute of limitations does not start until the later of the due date for an employer's Form 1095-C or the date that it is actually filed.... If a target company did not file the ACA forms with the IRS, the statute of liabilities clock will not start unless and until it files a correction."
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| 5. |
Jackson Walker
Jan. 24, 2025
"Although the case is a milestone and first of its kind in the ongoing political debate over ESG initiatives in retirement plan investments, plan sponsors and fiduciaries should take note of several other issues raised by the case that may significantly change the landscape for ERISA fiduciaries." [Spence v. Am. Airlines, Inc., No. 23-0552 (N.D. Tex. Jan. 10, 2025)]
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| 6. |
Jackson Walker
July 9, 2024
"Given the narrow scope of the Court's injunction, businesses will still have to take a wait-and-see approach until July 23, 2024, or August 30, 2024, and keep in mind that issuing written notices to workers that their non-competes will be unenforceable may constitute a waiver of the right to enforce them if the Rule does not become effective September 4, 2024. In the event of an adverse final determination, the FTC is likely to appeal the order to the Fifth Circuit, and the issue may appear before the Supreme Court as early as next year." [Ryan LLC v. Federal Trade Commission, No. 24-0986 (N.D. Tex. Jul. 3, 2024)]
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| 7. |
Jackson Walker
Nov. 10, 2023
"Although there is no amendment required to single employer retirement plan documents by December 31, 2023, there are operational requirements that you will need to implement and keep records of the choices you make ... Many employers rely on their TPA or broker to manage ... compliance requirements. Employers should verify that the TPA or broker is complying with all of the changes, as the penalties generally fall on the employer sponsoring the group health plan subject to these requirements."
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| 8. |
Jackson Walker
July 30, 2023
"[A letter from CMS, the Treasury Department, and the DOL] to employers, plan sponsors, and insurance issuers ... indicates that there are no legal impediments that would prevent a group health plan from allowing for a longer special enrollment period beyond the 60-day minimum period.... [E]mployers and plan sponsors should consider how their Code Section 125 (a/k/a cafeteria plans, flex plans, flexible benefit plans, or premium only plans) may include a limit on elections and if an interim amendment is necessary."
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| 9. |
Jackson Walker
July 13, 2023
"[The FAQ] clarifies the price comparison information required to be made available to individuals beginning on January 1, 2024.... FAQs 60 also clarifies the extent to which a provider is considered to have a contractual relationship with an insurer and must be considered in-network for the required limits under the Patient Protection and [ACA's] maximum out-of-pocket limits."
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| 10. |
Jackson Walker
July 13, 2023
"Patients insured by a preferred provider benefit plan: [1] Are guaranteed coverage for out-of-network post-emergency stabilization services. [2] Are ensured that a preferred provider network will provide sufficient choice, access and quality of physicians and health care providers ... [3] Have the option to receive care at various facilities, if available[.]"
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