By Marchan Clark, Jeffrey Holdvogt and Diane Morgenthaler on Jun 16, 2022
Posted In Employee Benefits, Fiduciary and Investment Issues, Retirement Plans
Retirement plan sponsors should be aware of a new Internal Revenue Service (IRS) pilot program, which permits plan sponsors to conduct a pre-examination “check-up” of retirement plan administration before the IRS begins a plan examination. As part of the program, the IRS will send a letter notifying a plan sponsor that its retirement plan has...
By Marchan Clark, Jacob Mattinson and Judith Wethall on May 3, 2022
Posted In Employee Benefits, Health and Welfare Plans
On April 19, 2022, the US Departments of Labor, Health and Human Services, and the Treasury (collectively, the Departments) released Frequently Asked Questions (FAQs) regarding the implementation of certain reporting provisions of the Affordable Care Act (ACA). The FAQs were released to provide clarity on the required drug price disclosures identified in the Transparency in...