Policy and Legislation

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December 21, 2015
On December 18, President Obama signed the Consolidated Appropriations Act, 2016 (the Act) into law. The Act amends the Patient Protection and Affordable Care Act (the ACA) to delay the effective date of the so-called “Cadillac tax” to 2020. The Act also restored tax parity between public transit and parking benefits. For additional information, please read our client alert.
Client Alert
October 12, 2015

On October 7, 2015 President Obama signed the Protecting Affordable Coverage for Employees Act (“PACE Act”) into law. The PACE Act amends the definitions of “large employer” and “small employer” for certain purposes under the Patient Protection and Affordable Care Act.

Client Alert
June 25, 2015
Today the United States Supreme Court issued its opinion in King v. Burwell, the case challenging whether the Internal Revenue Service (IRS) can offer tax credit subsidies to individuals enrolled in health insurance through a federally operated Exchange. For additional information, please read our client alert.
Client Alert
April 21, 2015
The Department of Labor (DOL) released a new proposed rule last week that will change who is considered a fiduciary of a qualified plan, IRA or health savings account (HSA) (the Fiduciary Rule). We believe this rule will have limited impact on plan sponsors. However, given the extensive commentary on the Fiduciary Rule, plan sponsors should understand how the Fiduciary Rule could impact them. For more information, please read our client alert.
Client Alert
April 17, 2015
March 20, 2015

Plan administrators of 401(k) and other participant-directed plans must provide participants with information about the fees associated with the plan (fee disclosures) at least annually. When the rules were first released, the Department of Labor (“DOL”) required plan administrators to provide the fee disclosures no later than 12 months after the prior fee disclosure was mailed. This rule created practical difficulties and caused each plan’s fee disclosure deadline to move over time. Yesterday, the DOL released a revised rule that corrects these issues.

Client Alert
February 18, 2015
February 9, 2015
February 6, 2015
December 14, 2014
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