by Editorial Staff | Nov 17, 2020 | DOL, Employee Benefits Administration, ERISA
On November 12th, 2020, the U.S. Department of Labor (DOL) announced a final rule establishing registration requirements for pooled benefit plan providers. The rule implements registration requirements pursuant to the Setting Every Community Up for Retirement...
by Editorial Staff | May 4, 2020 | COBRA, Coronavirus (COVID-19), DOL, EBSA, Employee Benefits Administration
On April 28th, 2020, the U.S. Department of Labor’s (DOL’s) Employee Benefits Security Administration (EBSA) issued a number of items under Title I of the Employee Retirement Income Security Act of 1974 (ERISA) to help participants and beneficiaries of employee...
by Girish Anand | May 29, 2018 | ACA, Affordable Care Act, Employee Benefits Administration, Health Care Reform, Medicaid, Medicare, Obamacare
The federal government subsidizes health insurance for most Americans through a variety of programs and tax provisions. In 2018, net subsidies for non-institutionalized people under age 65 will total $685 billion, the Congressional Budget Office (CBO) and the staff of...
by admin | Mar 31, 2015 | DOL, Employee Benefits Administration
The Employee Benefits Security Administration (EBSA), part of the Department of Labor (DOL), in a just-released Fact Sheet says its enforcement activities in fiscal year 2014 restored $599.7 million to employee benefit plans, participants and beneficiaries. EBSA is...
by admin | Jul 22, 2014 | Affordable Care Act, DOL, Employee Benefits Administration, HHS
The Department of Labor (DOL) is requiring closely held companies that drop contraceptive services from their health plans to inform their employees in writing within 60 days of the decision. The vehicle for doing this is the Summary Plan Description (SPD) for the...
by Girish Anand | Nov 15, 2013 | Employee Benefits Administration, Random Musings
Let's hope people have the inside track on winning the lottery since it seems that many of them cash out their 401(k)s upon leaving their jobs for a new one, buying things like cars, jewelry and vacations. The good news is that the percentage of people so doing...