DOL Announces New Electronic Disclosure Rule for Retirement Plans
June 19, 2020SECURE Act Signed into Law
December 23, 2019
New SOA Mortality Tables for Private Sector Retirement Plans
Last month (May 2019), the Society of Actuaries (SOA) released an exposure draft of the Pri-2012 Mortality Tables for private-sector retirement plans. These new tables are based on data collected ...
U.S. House Passes Retirement Legislation
On May 23, the U.S. House of Representatives passed a bill that would directly impact retirement benefits across the nation. The bill, entitled the Setting Every Community Up for Retirement ...
2020 HSA Limits and ACA Out-Of-Pocket Maximums
The IRS has issued Revenue Procedure 2019-25 to announce the 2020 contribution limits and high deductible health plan (HDHP) design requirements. The new HSA contribution limits will become ...
Federal Judge Rules Affordable Care Act Unconstitutional; Law Stands Awaiting Likely Appeal
Last week, Judge Reed C. O’Connor ruled in favor of a lawsuit that argued the entirety of the Affordable Care Act (ACA) is unconstitutional without the individual mandate. The individual mandate ...
The IRS Extends the Deadline for Furnishing Forms 1095-B and 1095-C to Individuals
The IRS has extended the deadline for furnishing Forms 1095-B and 1095-C to individuals from January 31, 2019 to March 4, 2019. Notice 2018-94 DOES NOT extend the deadlines for filing the 2018 Forms ...
IRS Announces 2019 Healthcare Flexible Spending Arrangement (FSA) Contribution Limit
The Internal Revenue Service (IRS) has announced that the 2019 limit on employee pre-tax FSA healthcare contributions will rise to $2,700, up from $2,650 in 2018. Revenue Procedure Bulletin 2018-57 ...