Compliance

Commentary: Regardless of the federal minimum wage, companies must continue to comply with each state’s wage laws or face hefty fines and other penalties.

Small-size employers with between 51 and 100 employees currently in large-business group health plans will have to transition to small-business group plans upon their renewal on or after Jan. 1, 2016.

Even when plan fiduciaries hire outside service providers to manage the 401(k) plan, they still maintain fiduciary responsibility for certain functions.

The Internal Revenue Service did not receive much of the information it needed early this tax season from health insurance exchanges to verify taxpayers’ qualifications to claim tax credits to subsidize buying health coverage, according to a new report.

A Supreme Court ruling in favor of the plaintiff in King v. Burwell would most affect Florida exchange subsides, although the impact would be far reaching, a Kaiser Family Foundation poll finds.

Hoping to get a green light from the IRS on a creative new plan design you are planning to implement – or even just get reassurance that amendment you have made to your plan in response to new legislation are correct? Don’t hold your breath.

Small businesses will pay a big price if the Department of Labor’s proposed changes to the fiduciary rules go into effect, says the U.S. Chamber of Commerce.

Generalists and small-market plan sponsors are likely to be the most negatively affected, according to a retirement conference panel.

Prompted by industry questions and concerns, the IRS has issued updated guidance to clarify ACA reporting requirements for applicable large employers, particularly those with special circumstances.

Too many barriers currently exist for data to be shared between government agencies and within the medical field, a group of top public officials said Wednesday in Washington.

401(k) plans with automatic contribution features no longer need to make the 50% corrective contribution with respect to elective deferrals that were not properly made.

By now, some of your clients have come to you with a problem: How do I address this tax filing for IRS 6055/56? For some reason, their payroll vendor is unable to deliver or wants an arm and a leg to do the filing. You hold out hope that somehow this will blow over and get resolved. But as we get into the summer months, a greater number of your clients lacking in options will…

CMS says agent fees and commission cannot be excluded from issuer MLR reporting requirements — unless these very specific criteria are met.

Defined contribution plan sponsors remain in regulatory limbo regarding their obligations to maintain detailed documentation surrounding employee 401(k) hardship withdrawals.

In Tibble v. Edison, the Supreme Court did not expound on what a retirement plan fiduciary's duty to monitor entails, which is a bone of contention for ERISA attorneys and 401(k) plan sponsors.

Too many employee benefit plan audits are deficient, finds a new report from the U.S. Department of Labor, putting up to $653 billion and 22.5 million plan participants and beneficiaries at risk.

It’s imperative employers carefully review and consider the language used not only in employee confidentiality agreements but also separation agreements, employment agreements, personnel handbooks and other documents which impose confidentiality restrictions.

Commentary: Recent guidance issued jointly by the U.S. Departments of Labor, Health and Human Services and the Treasury clarifies how the Affordable Care Act's requirement to provide cost-free coverage for preventive care applies to several types of products and services.

Questions from industry stakeholders have prompted the Obama administration to clarify annual limits on cost sharing under the ACA and how they apply to individuals, families, and self-funded and large group health plans.

The ACA’s mandated expansion of the definition of the small group market would limit employers’ health plan options and lead to premium increases, according to employer groups that are urging the repeal of the mandate before it takes effect in 2016.