Teal Trujillo

Subscribe to Teal Trujillo's Posts
Teal Trujillo focuses her practice on employee benefits and executive compensation matters for public and private companies. She regularly leads due diligence and advises on liability related to retirement plans, health and welfare plans and executive compensation in stock purchase and asset purchase transactions. Read Teal Trujillo's full bio.

Webinar Replay: SECURE 2.0 and the Impacts of Employer Matching for Student Loan Payments


By and on Sep 20, 2023
Posted In Employee Benefits, Retirement Plans, SECURE 2.0 Act

Student loan debt is set once again to impact millions of American workers. Fortunately, starting next year, employers will have new ways to help employees navigate student loan debt. Provisions of the SECURE 2.0 Act will allow employers to provide employer-matching contributions based on their employees’ qualified student loan repayments outside the plan. In this...

Continue Reading



SECURE 2.0: The Impacts of Employer Matching for Student Loan Payments


By and on Sep 6, 2023
Posted In Employee Benefits, Retirement Plans, SECURE 2.0 Act

Following the US Supreme Court’s rejection of substantial portions of the Biden administration’s plans for student loan debt relief, and with the end of the student loan repayment moratorium in sight, student loan debt is set once again to impact millions of American workers. Fortunately, starting next year, employers will have new ways to help...

Continue Reading



IRS Opines on the Tax Treatment of Employer-Funded, Insured, Fixed-Indemnity Wellness Policies


By , , and on Aug 10, 2023
Posted In Employee Benefits, Health and Welfare Plans

In light of recent Internal Revenue Service (IRS) guidance, employers should carefully examine any supplemental health plan, program or arrangement (which may or may not claim to leverage fixed indemnity insurance) that promises substantial payroll tax savings. In a legal advice memorandum, the IRS’s Office of Chief Counsel addressed and rejected the claimed tax treatment...

Continue Reading



Fixing the ACA’s Family Glitch


By and on Jul 13, 2023
Posted In Employee Benefits, Health and Welfare Plans

The “family glitch” was a regulatory oddity of the Affordable Care Act (ACA). It required the affordability of an employer-sponsored health plan to be determined based solely on the cost of the plan to an individual employee, disregarding the costs to add family members to a plan. This resulted in many families being ineligible for...

Continue Reading



IRS Issues Reminder that Claims Under Health and Dependent Care FSAs Must Be Substantiated


By , , and on Jun 1, 2023
Posted In Employee Benefits, Health and Welfare Plans

The Internal Revenue Service (IRS) recently issued a Chief Counsel Advice memorandum to remind sponsors of health and dependent care flexible spending arrangements (FSAs) about their responsibility to adequately substantiate claims in order to receive favorable tax treatment under Section 125 of the Internal Revenue Code (the Code). The IRS emphasizes that the standards for...

Continue Reading



Preparing for the End of the COVID-19 Emergency: Deadline Tolling


By , , and on May 18, 2023
Posted In Employee Benefits, Health and Welfare Plans

The Biden administration previously announced its intent to end the COVID-19 National Emergency (NE) and the COVID-19 Public Health Emergency (PHE) on May 11, 2023 (read our series introduction for more information). On April 10, 2023, President Biden signed a resolution moving up the end of the NE to April 10, 2023 (the PHE ended...

Continue Reading



Tri-Agencies Address Preventive Services Coverage in the Wake of Braidwood


By , , and on May 5, 2023
Posted In Employee Benefits, Health and Welfare Plans

The US Departments of Labor, Health and Human Services, and the Treasury (the Departments) have released a series of Frequently Asked Questions (FAQs) in response to Braidwood Mgmt. Inc. v. Becerra, a recent case that invalidated a portion of the Affordable Care Act (ACA) preventive services mandate. The FAQs aim to address inquiries from stakeholders,...

Continue Reading



Preparing for the End of the COVID-19 Emergency: High-Deductible Health Plans and Health Savings Accounts


By , , and on May 3, 2023
Posted In Employee Benefits, Health and Welfare Plans

The Biden administration originally announced its intent to end the COVID-19 National Emergency (NE) and the COVID-19 Public Health Emergency (PHE) on May 11, 2023 (read our prior article for more information). Although the end date of the NE was subsequently advanced to April 10, 2023, by Congressional resolution, the US Departments of Labor, Health and Human...

Continue Reading



Preparing for the End of the COVID-19 Emergency: Tri-Agencies Issue FAQs to Assist Plans and Issuers


By , , and on Apr 5, 2023
Posted In Employee Benefits, Health and Welfare Plans

The Biden administration has announced its intention to end the COVID-19 National Emergency (NE) and the COVID-19 Public Health Emergency (PHE) on May 11, 2023 (read our series introduction for more information). On March 29, 2023, the US Departments of Labor, Health and Human Services, and Treasury (the Departments) issued a set of Frequently Asked...

Continue Reading



Mental Health Parity, Quantitative Treatment Limitations, Employee Assistance Plans and the End of the COVID-19 Emergency


By , , and on Mar 29, 2023
Posted In Employee Benefits, Health and Welfare Plans, Mental Health Parity and Addiction Equity Act

The Biden administration has announced its intention to end the COVID-19 National Emergency (NE) and the COVID-19 Public Health Emergency (PHE) on May 11, 2023 (read our series introduction for more information). Among other things: The NE and the PHE modified the rules governing financial requirements and quantitative treatment limitations under the Mental Health Parity...

Continue Reading



STAY CONNECTED

TOPICS

ARCHIVES

Top ranked chambers 2022
US leading firm 2022