DOL Releases Proposed Rule Updating Davis-Bacon Regulations
The Department of Labor’s (DOL’s) Wage and Hour Division has released a proposed rule Updating the Davis-Bacon and Related Acts Regulations.
PBGC Issues Interest Rate Assumptions for DB Plans
The PBGC has issued updated interest rate assumptions for benefit payments in terminating single-employer defined benefit (DB) pension plans.
DOL Issues Compliance Release on Cryptocurrencies
The DOL has issued Compliance Assistance Release 2022-01 on the use of cryptocurrencies as plan investments in 401(k) plans.
Spending Bill Would Include Telehealth Extension
The spending bill provision would temporarily allow expenses for telehealth to continue to be paid from HSAs without first meeting the deductible under the HDHP.
IRS Releases Proposed Required Minimum Distribution Regulations
After a two year wait, we have guidance regarding certain changes brought about by the SECURE Act.
Legislation Proposed to Automatically Re-enroll Employees
Bill text has been made available for legislation introduced by Senator Tim Kaine (D-VA) intending to improve participation in employer-sponsored retirement plans.
IRS Issues User Fee Guidance for EAs and ERPAs
The IRS has issued a proposed rule to increase the renewal fee for Enrolled Agents (EA) and Enrolled Retirement Plan Agents (ERPA).
Proposed RMD Regulations Initial Highlights
The Internal Revenue Service has released proposed regulations related to required minimum distributions.
Nyhart: Benefits Your Way
In 2019, Nyhart joined FuturePlan by Ascensus—an opportunity to merge the unique expertise of an actuarial powerhouse with the robust services FuturePlan already offers.
Legislation Proposed to Expand Qualified Medical Expenses to Include Diapers
Senator Joni Ernst (R-IA) has introduced the Diaper Inclusion in Accounts for Parental Expense Reduction (DIAPER) Act.
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