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HHS issues proposed regulations regarding verification of employee eligibility for advance tax credit and employers' limited appeal rights

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • February 22 2013

On January 14, 2013, HHS issued proposed regulations clarifying the process by which exchanges will verify an employee's eligibility for advance

Select compliance deadlines and reminders

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • January 31 2013

As noted in Decemberʼs Employee Benefits Update, the Remedial Amendment Period Cycle B individually designed plans must be submitted for a favorable

IRS issues final regulations amending the prohibited payment option under single-employer defined benefit plan of plan sponsor in bankruptcy

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • December 17 2012

The IRS issued final regulations providing a limited exception to the anti-cutback rules under Code section 411(d)(6) for a plan sponsor that is a debtor in a bankruptcy proceeding

IRS permits governmental plans to elect Cycle E

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • December 17 2012

Under recently released Revenue Procedure 2012-50, the IRS announced it will allow individually-designed governmental plans to elect Cycle E (instead of Cycle C) as the planʼs second remedial amendment cycle

Second Circuit Court of Appeals rules DOMA unconstitutional

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • November 13 2012

The Second Circuit Court of Appeals ruled that the Defense of Marriage Act (DOMA) is unconstitutional in Windsor v. U.S., 109 AFTR 2d 2012-2475 (2nd Cir. 2012

Internal Revenue Code section 436 amendments

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • November 13 2012

Internal Revenue Code (Code) section 436 as added by the Pension Protection Act of 2006 sets limits on benefit payments and pension accruals for defined benefit plans that are "underfunded."

Cycle B determination letter filings due January 31, 2013

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • November 13 2012

Remedial Amendment Period Cycle B individually designed plans must be submitted for a favorable Internal Revenue Service (IRS) determination letter no later than January 31, 2013

IRS issues changes to retirement plans' 2013 dollar limits

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • November 13 2012

On October 18, 2012, the IRS announced the 2013 cost of living adjustments affecting dollar limitations for qualified retirement plans

September 2012 employee benefits update

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • October 8 2012

All group health plans that offer prescription drug coverage to Medicare-eligible employees (under either an active plan or retiree plan) must provide an annual creditable coverage disclosure notice to Medicare-eligible participants and dependents no later than October 15, 2012

Employee benefits

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • August 15 2012

Plan administrators of defined contribution plans that permit participant direction of investments must provide a new fee disclosure to plan participants by August 30, 2012