On February 9, 2018, President Trump signed a bipartisan budget deal into law, effectively extending federal funding through March 23, 2018. The act includes multiple provisions affecting employee benefit plans, including relaxed hardship withdrawal rules and relief for individuals affected by the California wildfires.
The Budget Act Makes Some Surprising Changes to Benefit Plans
Tags: 401(k), Bipartisan Budget Act of 2018, Budget Act, California wildfires, disaster relief, employer-sponsored retirement plans, government shutdown, Multiemployer Pension Plans, Pension Benefit Guaranty Corporation, plan sponsor, President Trump, QMACs, QNECs, qualified matching contributions, qualified non-elective contributions, retirement plan

Jacob M. Mattinson focuses his practice on employee benefits and matters related to 401(k), 403(b), pension, executive compensation, health care reform, and cafeteria and welfare plans. Jacob assists clients in drafting employee benefit plan documents and amendments. He represents clients in matters before the Internal Revenue Service (IRS), US Department of Labor (DOL) and Pension Benefit Guaranty Corporation with respect to plain qualification issues. Read Jacob Mattinson's full bio.


Sarah Engle focuses her practice on employee benefits matters. She counsels clients regarding a variety of issues, including the design, drafting and operation of tax-qualified pension and profit sharing plans, health and welfare arrangements, and deferred compensation plans. Sarah has experience advising clients on employee benefits design, implementation and transition matters arising in connection with corporate mergers and acquisitions. Read Sarah Engle's full bio.
Related Posts
- IRS Finalizes Regulations Allowing Use of Forfeitures to Fund Safe Harbor Contributions, QNECs and QMACs
- IRS Issues “Snapshot” Guidance on Qualified Retirement Plan Issues
- Benefits Emerging Leaders Working Group
- ERISA Litigation: What Have We Learned?
- Expect More Difficulty Obtaining Fiduciary Insurance
BLOG EDITORS
STAY CONNECTED
TOPICS
ARCHIVES
RECENT POSTS
- New 50-State Survey | ID Verification for Telemedicine Encounters
- Mental Health Parity, Quantitative Treatment Limitations, Employee Assistance Plans and the End of the COVID-19 Emergency
- A Win for Employers: Ninth Circuit Holds That California AB 51 Prohibiting Mandatory Arbitration Is Pre-empted by the Federal Arbitration Act
- New Jersey Healthcare Transactions Now Face Onerous Employment Requirements
- Telehealth and the End of the COVID-19 Emergency

