by Girish Anand | Apr 19, 2011 | USCIS
The Social Security Administration (SSA) has resumed its practice of sending no-match letters to notify employers when any of their employees' submitted Social Security numbers do not correspond to a valid number on record. The SSA temporarily stopped issuing the...
by Girish Anand | Feb 1, 2011 | IRS
Four years after Congress passed the Pension Protection Act of 2006, the Internal Revenue Service (IRS) has released final regulations on hybrid pension plans, which combine defined benefits (payout at retirement) with 401(k)-style defined contributions. According to...
by Girish Anand | Dec 29, 2010 | Health Care Reform, IRS
Commencing Jan. 1, 2011, a provision of the Patient Protection and Affordable Care Act (PPACA) was set to prohibit companies from offering more expensive health insurance plans to top executives, armed with a fine of $100 per day for each such highly insured...
by Girish Anand | Nov 23, 2010 | HIPAA, IRS
The Internal Revenue Service (IRS) has announced dollar limits for tax-deferred retirement savings accounts for 2011, and, reflecting a flat cost-of-living index for 2010, has left those limits virtually unchanged for the new year. For instance, the limit for 401(k),...
by Girish Anand | Mar 16, 2010 | Federal Labor Law, IRS
Testifying before a House subcommittee, Department of Labor (DOL) Secretary Hilda Solis recently detailed plans for fiscal 2011 to use $1.7 billion out of a budget of $116.5 billion, along with 10,957 employees out of 17,800 total, for what she called "worker...