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Results:1-10 of 27

Employment & Benefits News and Developments
  • Sullivan & Worcester LLP
  • USA
  • November 20 2018

After a bit of a lull for the past few years, we want to alert clients that some year-end amendments may be required for their retirement and welfare


Asset Managers, Are You Ready for Your Exam? Steps You Should Take Now
  • Sullivan & Worcester LLP
  • USA
  • March 17 2017

Last week we told you about the five biggest pet peeves of the SEC’s Office of Compliance Inspections and Examinations (OCIE) when examining


Employment and Benefits Advisory: 2017 Reminders and Developments
  • Sullivan & Worcester LLP
  • USA
  • January 23 2017

As mentioned in prior advisories, the Departments of Labor, Health and Human Services and Treasury have taken the position that employers cannot


Qualified plan year-end reminders
  • Sullivan & Worcester LLP
  • USA
  • November 6 2012

There is an ever growing list of annual notices that must be distributed in connection with the routine operation of qualified plans.


Retirement plan fee disclosure: a practical approach
  • Sullivan & Worcester LLP
  • USA
  • April 30 2012

No doubt you have seen articles by law firms and benefit advisors concerning the rules taking effect this summer requiring various disclosures of fees and investment information by retirement plan service providers to fiduciaries (ERISA 408(b)(2)) and by fiduciaries to participants in participant-directed retirement plans (ERISA 404(a)).


Focus on retirement plans
  • Sullivan & Worcester LLP
  • USA
  • February 13 2012

Those who have been to one of our more recent programs are aware of the 401(k) Compliance Check Questionnaire that the Internal Revenue Service distributed to 1,200 randomly selected 401(k) plans in 2010.


New Internal Revenue Service Form 8955-SSA due January 17, 2012
  • Sullivan & Worcester LLP
  • USA
  • January 4 2012

To ensure confidentiality, Schedule SSA, which is used to report information about deferred vested benefits in retirement plans to the Social Security Administration, had to be separated from Form 5500, which is now publicly available through the Department of Labor’s electronic filing system (EFAST2).


Form W-2 reporting of group health plan coverage cost remains optional for all for 2011
  • Sullivan & Worcester LLP
  • USA
  • December 28 2011

As we discussed in last year’s advisory regarding federal health care reform developments, the Internal Revenue Service announced that the new requirement to report the aggregate cost of employer-sponsored group health plan coverage on 2011 Forms W-2 (box 12 using code “DD” and due early in 2012) is optional.


Changes to health care flexible spending account contribution limits
  • Sullivan & Worcester LLP
  • USA
  • December 28 2011

Under federal health care reform, the limit on annual contributions to health care flexible spending accounts will be $2,500 beginning January 1, 2013.


2012 commuter benefit limits
  • Sullivan & Worcester LLP
  • USA
  • December 28 2011

The temporary increase in the transit pass and vanpool benefit federal income tax exclusion that was enacted as part of the American Recovery and Reinvestment Act of 2009 and extended last year for 2011 is set to expire.