The DOL and IRS Issue Joint Rule Regarding Special Enrollment, COBRA, and Claims Review Deadlines
May 8, 2020
Published in the Federal Register on May 4, 2020, the Joint Rule provides for the extension of certain deadlines so…
CARES Act Provisions Impacting Retirement Plans
March 27, 2020
On Wednesday, March 25th, the Coronavirus Aid Relief and Economic Security Act (“CARES Act”) was passed by a unanimous Senate…
Summer Associates Get Legal Business Boot Camp at Montgomery McCracken
July 28, 2017
The Legal IntelligencerBy Lizzy McLellan
Mara Smith, an aspiring lawyer who just took the bar exam, said her summer associate experience set her apart from…
Employee Benefits Issues for 2017
December 8, 2016
Early 2017 Health Insurance Reporting Obligations The Affordable Care Act established two reporting requirements for employers and insurers. Each year, an…
Employee Benefits Alert – ACA’s Automatic Enrollment Requirement is Repealed
January 27, 2016
In 2010, the Affordable Care Act (“ACA”) added Section 18A to the Fair Labor Standards Act requiring employers with more…
Employee Benefits Alert – IRS Extends Due Dates for ACA Information Reporting
January 6, 2016
In a Benefits Alert dated November 25, 2015, we reminded you of the deadlines for meeting the Affordable Care Act’s (“ACA”) information reporting…
Employee Benefits Alert – 409A Special Timing Rule
December 15, 2015
REMINDER: Employers with Nonqualified Deferred Compensation Plans Must Timely Withhold FICA Taxes Employers maintaining nonqualified deferred compensation plans should remember…
2015 Year-End Employee Benefits Round-Up
November 25, 2015
As 2015 comes to a close, plan sponsors may wish to review their employee benefit plans and programs and consider…
Year-End Employee Benefits Round-Up
November 25, 2014
As 2014 comes to a close, plan sponsors may wish to review their employee benefit plans and programs and consider…
PPACA Reinsurance Fee Deadline Approaching: Self-Funded Plans Beware
October 1, 2014
The Patient Protection and Affordable Care Act (“PPACA”) requires insurance issuers and self-funded group health plans to pay a fee…
Final ACA Regulations Released – More Delays for Employer Mandate
February 14, 2014
The U.S. Treasury Department has just released its final regulations implementing the employer shared responsibility requirements under the Affordable Care…
IRS Further Relaxes “Use-It-or-Lose-It” Rule for Health Flexible Spending Accounts
November 7, 2013
On October 31, 2013, the Internal Revenue Service issued IRS Notice 2013-71, which modifies the “use-it-or-lose-it” rule for health flexible…
Montgomery McCracken Represents Comar, Inc. in Recapitalization with Graham Partners
October 29, 2013
Montgomery McCracken advised Comar, Inc. and its shareholders regarding a recapitalization transaction with private equity firm Graham Partners. The team,…
Treasury Department and IRS Issue Post-Windsor Guidance
September 12, 2013
By now, most of you are probably aware of the U.S. Supreme Court’s decision in United States v. Windsor. In…
Employer Mandate Under the Affordable Care Act Delayed Until 2015
July 19, 2013
The U.S. Department of the Treasury recently announced that implementation of the employer mandate requirement of the Affordable Care Act…
Action Steps for Meeting HIPAA’S September 23, 2013 Deadline
June 26, 2013
With all of the activity surrounding the Patient Protection and Affordable Care Act, it has been easy for group health…
The Patient Protection and Affordable Care Act
June 7, 2013
The Patient Protection and Affordable Care Act and its companion bill, the Health Care and Education Reconciliation Act (signed into…
Year-End Employee Benefits Round-Up
December 18, 2012
As 2012 comes to a close, plan sponsors may wish to review their employee benefit plans and programs and consider…
Montgomery McCracken Partners Tim Kennedy and Michael Epstein, Speakers for Health Symposium
October 29, 2012
Montgomery McCracken partners Michael L. Epstein and Timothy F. Kennedy were the featured speakers at the 2012 Health Insurance Reform…
Deadline Approaches for Summaries of Benefits and Coverage (“SBCs”) for Group Health Plans
August 23, 2012
Employers who sponsor group health plans with open enrollment periods (for the 2013 plan year) starting on or after September 23, 2012 must…
Employee Benefits and Executive Compensation in the New Year -2012 Resolutions
January 3, 2012
With the New Year upon us, employers should survey the regulatory landscape to prepare for the year ahead in employee…
Year-End Deadlines Approach for Employee Benefit Plans
November 15, 2011
It’s that time of year again when plan sponsors need to review their employee benefit plans and programs to see…
2012 Cost-of-Living Adjustments – Retirement Plans
November 14, 2011
IRS has announced the 2012 cost-of-living adjustments (COLAs) for retirement plans. Most of the limits related to pension and other…
PPACA Claims and External Review Guidance Provides More Transition Relief
November 8, 2011
Under PPACA, non-grandfathered health plans are required to (1) update their current internal ERISA claims procedures and (2) provide for…
Year-End Deadlines Approach for Employee Benefit Plans
November 2, 2010
It’s that time of year again when plan sponsors need to review their employee benefit plans and programs to see…
HHS Annual Limit Waiver Program
September 22, 2010
The Patient Protection and Affordable Care Act restricts an employer’s ability to impose annual dollar limits on “essential health benefits”…
Client Alert from the Employee Benefits & Executive Compensation Practice: Update on New Developments
June 3, 2010
Final Regulations on Diversification Rule for Defined Contribution Plans Holding Employer Securities The Internal Revenue Service has issued final regulations…
The Patient Protection and Affordable Care Act: Immediate and Important Focus Items for Group Health Plans
April 7, 2010
The Patient Protection and Affordable Care Act and its companion bill, the Health Care and Education Reconciliation Act (signed into…
Client Alert from the Employee Benefits & Executive Compensation Practice
March 23, 2010
Health Care: President Signs Health Care Reform Bill after House Approves. The United States House of Representatives approved, by a vote…
COBRA Subsidy Extension – Employer Action Required by end of January 2010
January 15, 2010
President Obama recently signed into law an extension and expansion of the COBRA premium subsidy that was introduced by American…
Year End Planning Alert from the Employee Benefits & Executive Compensation Group
December 3, 2009
As we approach the end of the calendar year, some employee benefit plan deadlines require your attention. You may also…
Client Alert from the Employee Benefits & Executive Compensation Practice
June 9, 2009
Mental Health Parity Act Expansion Enacted on October 3, 2008, the Emergency Economic Stabilization Act of 2008 (“EESA”) includes provisions…
Client Alert from the Employee Benefits & Executive Compensation practice
May 14, 2009
Health Plan Documents Must be Updated Immediately to Comply with SCHIP Program As we reported to you here in February,…
Client Alert from the Employee Benefits & Executive Compensation Practice
April 29, 2009
IMPORTANT NEWS: Deadline is Near for Providing the Annual Funding Notice As we reported to you in March, the Pension…
Client Alert from the Employee Benefits & Executive Compensation Practice
April 21, 2009
IRS: Layoff With Recall Rights Can Be “Involuntary Termination” for Purposes of COBRA Subsidy The American Recovery and Reinvestment Act…
Client Alert: DOL ISSUES NEW MODEL COBRA SUBSIDY NOTICES
March 20, 2009
The U.S. Department of Labor (“DOL”) yesterday issued four new COBRA notices. These new notices were mandated by the American…
Client Alert: Deadline Coming Up for Defined Benefit Plans Annual Funding Notice Must be Distributed Soon
March 20, 2009
The U.S. Department of Labor (“DOL”) recently issued Field Assistance Bulletin 2009-1, which provides guidance for complying with the annual…
Economic Stimulus Expands Cobra Coverage
February 27, 2009
The sprawling American Recovery and Reinvestment Act of 2009 (“Act”) expands COBRA continuation coverage for certain displaced workers and provides…
Client Alert from the Employee Benefits & Executive Compensation Practice
February 19, 2009
DOL and PBGC Issue Guidance Regarding Madoff-Related Losses The U.S. Department of Labor (DOL) has issued guidance on steps retirement…
Client Alert from the Employee Benefits & Executive Compensation Practice
February 4, 2009
Supreme Court Upholds Distribution to Former Spouse Despite Divorce Decree The United States Supreme Court, in Kennedy v. Plan Administrator…
Client Alert from the Employee Benefits & Executive Compensation Group
January 23, 2009
WORKER, RETIREE, AND EMPLOYER RECOVERY ACT OF 2008 On December 23, 2008, President Bush signed into law the Worker, Retiree,…
Annual Benefit Plan Limits 2009 Update
January 16, 2009
Each year the Internal Revenue Service and the other governmental agencies change the dollar and percentage limitations that apply to…
IRS Update from Employee Benefits & Executive Compensation Group
January 8, 2009
IMPORTANT NEWS IRS Provides Transition Relief for Use of Health FSA and HRA Debit Cards The Internal Revenue Service has…