Compliance News Week Ending September 13, 2024 In this Article: 2025 ACA Affordability Percentage Announced ERISA Celebrates its 50th Anniversary IRS Releases 2025 ACA Affordability Percentage On Sep...
ERISA Wrap Documents
April 24, 2024
While more and more employers seem to understand the importance of having plan documentation in place, there is always confusion about the role of ERISA Wrap ...
ERISA Enforcement and Penalties
Employer group health plans should be reminded of the importance of the employer’s role as a fiduciary of the benefit plans offered to employees.
As a fiduciary, ...
Fiduciary Responsibility and the Johnson and Johnson Case
February 21, 2024
Following the recent Johnson & Johnson lawsuit, there are lots of headlines suggesting employers need to take thei...
Employer Fiduciary Duties
February 2024
The recent class action lawsuit against Johnson and Johnson (J and J) has received a lot of attention from employers. The suit accuses J and J of breachin...
Compliance Issues for Short Plan Years
When there is a need to discontinue benefit offerings, or a need to adjust the benefit plan year, employers may need to run a short plan year. Short plan year...
Why do plans need wrap documents?
Wrap documents are generally used for either (or both) of the following reasons:
Supplement already-existing documentation to meet ERISA plan documentation requ...
When Are Short Plan Years Permitted
May 3, 2023
In this webinar, Benefit Comply will discuss the various compliance considerations that must be reviewed when an employer group health plan decide...
Reminder - May 16, 2023 Summit Employee Benefits Webinar
5500 Reporting – Tips and Tricks
Amwins Connect Insurance Services is once again a proud sponsor of Summit Employee Benefits Online Educa...
Why would a plan need a wrap document?
Question: Why do plans need wrap documents?
Answer: Wrap documents are generally used for either (or both) of the following:
Supplementing alrea...
The Senate will wait until after the August recess to vote on the Lower Health Care Costs Act, which was introduced by Sen. Lamar Alexander, R-Tenn., and Sen. Patty Murray, D-Wash. The bill includes t...