Hurricane Harvey Relief for Employee Benefit Plans

By Allison Wilkerson and Diane Morgenthaler on September 7, 2017

Posted In Employee Benefits, Employee Stock Ownership Plans (ESOPs), Employment, Fiduciary and Investment Issues, Health and Welfare Plans, Labor, Retirement Plans

The Internal Revenue Service and the Department of Labor relaxed some deadlines for eligible employee benefit plans and expanded the availability of withdrawals and loans for eligible defined contribution plan participants in the disaster area. However, the Pension Benefit Guaranty Corporation announced that some of its required filings will not be extended automatically.

Tags: Code Section 401(k), Code Section 4010, Code Section 403(a), Code Section 403(b), Code Section 4043, Code Section 457(b), Code Section 72(t), Department of Labor (DOL), Employee Benefit Plan, Employee Retirement Income Security Act (ERISA), Federal Emergency Management Agency, Form 5500, Hardship Distributions, Hurricane Harvey, Internal Revenue Code, Internal Revenue Service (IRS), Loans, Pension Benefit Guaranty Corporation (PBGC), Qualified Matching Contribution (QMAC), Qualified Non-Elective Contribution (QNEC)

Allison Wilkerson
Allison Wilkerson focuses her practice on employee benefits matters. She has extensive experience handling issues pertaining to the Employee Retirement Income Security Act of 1974 (ERISA) and employee stock ownership plans (ESOPs). Read Allison Wilkerson's full bio.

Diane Morgenthaler
Diane M. Morgenthaler focuses her practice on employee benefits and executive compensation. She represents clients in matters before the US Internal Revenue Service, the Department of Labor and the Pension Benefit Guaranty Corporation. Diane serves as employee benefit counsel to Fortune 500 corporations and other global corporations, and represents both public and private clients. She regularly designs and implements a variety of employee benefit plans and programs. Diane has extensive experience in employee benefit issues involved in acquisitions, reorganizations and divestitures and in the design of employee benefits plans following such transactions. She also advises clients in matters involving multi-employer withdrawal liability, fiduciary liability and benefit claims. Read Diane Morgenthaler's full bio.

Hurricane Harvey Relief for Employee Benefit Plans

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