The Long Wait for the Long-Term Part-Time Guidance is Over
True to form, the IRS released long-awaited proposed regulations during a long holiday weekend. This time they are narrowly focused on the eligibility rules for Long-Term Part-Time employees first...
View ArticleClik here to view.
IRS Releases 2024 Limits for Health and Welfare and Related Plans
Seyfarth Synopsis: The IRS has announced an increase to the applicable dollar amount for determining the Patient-Centered Outcomes Research Institute (“PCORI”) Fee for 2024 as well as other health and...
View ArticleCoffee Talk With Benefits Episode 16: Junk Insurance
Earlier this year, the Biden-Harris Administration took a firm stance against ‘junk insurance’ by introducing regulations aimed at impacting short-term limited duration insurance policies, independent...
View ArticleCoffee Talk With Benefits Episode 17: Long-Term Part-Time Employee Guidance
On November 24, 2023, the IRS issued highly anticipated proposed regulations concerning the provisions under SECURE and SECURE 2.0, requiring 401(k) plans to expand deferral eligibility for long-term...
View ArticleThe IRS’s Grab Bag of SECURE 2.0 Guidance is Here!
Seyfarth Synopsis: Adding to the holiday joy of employee benefits practitioners nationwide, yesterday the IRS issued guidance on several outstanding questions related to SECURE 2.0. At this time of...
View Article“SECURE-ing” the Answers to Outstanding Questions on the Rothification of...
Seyfarth Synopsis: Under Section 604 of Secure 2.0, sponsors of 401(k), 403(b) and governmental plans may allow employees to designate employer match (including match on student loan repayments) or...
View ArticleSECURE 2.0: Guidance on Exception to Early Distribution Penalty for...
Seyfarth Synopsis: As previously reported here, on December 20, 2023, the IRS issued Notice 2024-2 (the “Notice”) providing guidance on several outstanding questions related to provisions under SECURE...
View ArticleWellness Apps and Privacy
This article was originally posted to Seyfarth’s Global Privacy Watch blog. Employers looking to enhance their suite of employee benefit programs, and focused on lessons learned during the pandemic on...
View ArticleSeyfarth Releases Survey Tracking Gender Affirming Care Insurance Coverage Laws
Over the last year, there has been an onslaught of state legislation enacting limits on gender-affirming care for minors. Access to gender-affirming care has become a flashpoint at the forefront of the...
View ArticleClik here to view.
Drugmaker Sued for…Overpaying for Drugs? Lawsuit Ushers in Expected Wave of...
Seyfarth Synopsis: As foreshadowed in our earlier post, the first complaint was filed in what is expected to be a wave of litigation alleging breach of fiduciary duty in selecting and monitoring...
View Article
