IRS releases updated employee plan correction procedures *

USA - January 8 2013
On December 31, 2012, the Internal Revenue Service (the “IRS”) released Revenue Procedure 2013-12, which contains long-awaited updates to the Employee…

Co-authors: Allison Warden Sizemore, John D. Martini, Dennis R. Bonessa, Lori M. Atkin.

---

New proposed regulations released under the Affordable Care Act *

USA - December 12 2012
The Obama administration recently released three important proposed regulations under the Patient Protection and Affordable Care Act (the "ACA").

Co-authors: John D. Martini, Rachel Cutler Shim, Jesse M. Dove , Jenny C. Baker.

---

IRS and DOL provide relief for plan participants affected by Hurricane Sandy *

USA - November 27 2012
On November 16, 2012, the Internal Revenue Service (the “IRS”) released Announcement 2012-44, which relaxes certain procedural requirements for plan loans and hardship withdrawals to participants affected by Hurricane Sandy.

Co-authors: Allison Warden Sizemore, John D. Martini, Dennis R. Bonessa.

---

New health care guidance on 'full-time' employees and 90-day waiting period under the Affordable Care Act *

USA - September 18 2012
On August 31, 2012, the Internal Revenue Service issued guidance regarding the employer shared responsibility payment and the 90-day waiting period limitation provisions of the Patient Protection and Affordable Care Act (the “ACA”) in the form of IRS Notices 2012-58 and 2012-59.

Co-authors: John D. Martini, Rachel Cutler Shim, Jesse M. Dove .

---

MAP-21 brings pension funding stabilization and increased PBGC premium rates *

USA - July 13 2012
Legislation known as Moving Ahead for Progress in the 21st Century Act recently became law.

Co-authors: Allison Warden Sizemore, Russell J. Boehner, John D. Martini, Dennis R. Bonessa.

---