McDermott Will & Emery Employee Benefits

NOVEMBER 1, 2023

The Internal Revenue Service recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2024. Certain health and welfare plan limits have not yet been released.

Health and Welfare 105

Health and Welfare Employee Benefits Flexible Spending Account Health Savings Account 105

McDermott Will & Emery Employee Benefits

NOVEMBER 10, 2023

On November 9, 2023, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain health and welfare plan benefits, including those for health flexible spending arrangements and commuter benefit plans, among other important updates.

Health and Welfare 105

Health and Welfare Employee Benefits Flexible Spending Flexible Spending Account 105

McDermott Will & Emery Employee Benefits

OCTOBER 21, 2022

The Internal Revenue Service (IRS) and the Social Security Administration announced the cost-of-living adjustments to the applicable dollar limits on various employer-sponsored retirement and welfare plans and the Social Security wage base for 2023.

Employee Benefits 98

Employee Benefits Flexible Spending Account Employment Health Savings Account 98

Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 12, 2024

Department of Labor (DOL) issued 3 documents outlining guidance on cybersecurity practices for benefits plans, which we discussed in a blog post at the time. The revised versions of these documents clarify that they apply not just to pension plans, but to health and welfare plans as well.

Health and Welfare 40

Health and Welfare Pension Insurance Employee Benefits 40

McDermott Will & Emery Employee Benefits

JANUARY 11, 2023

We recently reported on an FAQ issued December 23, 2022 (FAQ About Affordable Care Act and Consolidated Appropriations Act, 2021 Implementation Part 56) by the US Departments of Labor, Health and Human Services and the Treasury (collectively, the Departments).

Employee Benefits 98

Employee Benefits Health and Welfare Executive Compensation Retirement Plan 98

COMPackage

FEBRUARY 25, 2025

Incentive and welfare program for employee retention, building staffs loyalty reduce resignation rate for important talent, boss holding magnet to pull back resigned or leaving employee. Beyond salaries, offer benefits that align with employees needs, such as health insurance, retirement plans, and wellness programs.

Employee Retention 52

Employee Retention Health and Welfare Health Insurance Retirement Plan 52

Snell & Wilmer Benefits

MARCH 9, 2022

As reported in our January 7, 2022 SW Benefits Blog “ The DOL Asks and Answers Questions About the New Welfare Plan Fee Disclosure Rules ,” group health plans must now comply with the ERISA Section 408(b)(2) disclosure requirements. United States Department of Health and Human Services, et al.,

Health and Welfare 40

Health and Welfare Medical Retirement Plan Consulting 40