Frequently, when I ask a client—generally the person in human resources who is responsible for benefits administration—for a copy of the plan document, what I
Penalty 2024 2023 FORM 5500 Late Form 5500 per filing, no cap, no statute of limitations up to $2,670 per day[i] up to $2,586 per
Record retention is an important but frequently confusing task. What is required? What is a best practice? While the answer to these questions vary based
Everything is going paperless these days. Saving trees and speeding things up. The IRS announced in November 2023 that Form 5558 (Application for Extension of
Among the many employer duties involved in sponsoring employee benefits is the duty to keep employee data secure from cybercrime. It is common knowledge that
The 2023 cost of living adjustments for retirement plans and health and welfare plans have been announced: Retirement PlansElective Deferral Max
In the benefits area, language is very important, for purposes of function and principle, as well as a matter of legal compliance. Both the ERISA and The ACA have specific requirements that assistance be offered in non-English language under certain circumstances.
