Understanding Employee Benefits


Posts from Lisa Rippey

New DOL Electronic Disclosure Safe Harbor Offers Relief for Retirement Plans

The Department of Labor has issued final regulations that will enable employers to electronically provide required information and documents to more plan participants.  Although employers have been able to electronically provide some documents and information to some participants under existing rules, use of electronic delivery was limited because of an... Read More

Topics: Retirement Plans

Annual Limits on Qualified Plans for 2020

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On November 6, 2019, the Internal Revenue Service (IRS) released Notice 2019-59, which sets forth the 2020 cost-of-living adjustments affecting dollar limits on benefits and contributions for qualified retirement plans. The IRS also announced the health savings account (HSA) and high deductible health plan (HDHP) annual deductible and out-of-pocket expense... Read More

Topics: Cafeteria Plans, Health Plan, Retirement Plans

Department of Labor’s New Guidance Helps Employers of Uniformed Service Members Manage Pension Obligations

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The Department of Labor’s Veterans Employment and Training Services (“VETS”) issued a new fact sheet (“Fact Sheet”) to help employers better manage their pension obligations under the Uniform Services Employment and Reemployment Rights Act (“USERRA”). USERRA creates certain rights and protections for uniformed service members. For example, under USERRA, service... Read More

Topics: Compensation Questions, Retirement Plans