Laws & Regulations Laws & Regulations

  • DOL proposal could make advising more flexible

    The U.S. Department of Labor published two proposed rules in the Federal Register to make investment advice more flexible for participants of 401(k) plans and IRAs.

  • New HSA funding opportunities via IRAs

    The health savings account has already proven to be a relatively flexible account-based benefit in its ability to be layered with other products and double as a retirement vehicle. Now the product can add another feather to its hat. Owners of individual retirement accounts who are enrolled in a high-deductible health plan can shift IRA funds into a HSA, without facing a tax penalty.

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  • DOL and Congress focus on 401(k) fees

    Legislators and federal agencies plan to concentrate their efforts on addressing excessive 401(k) fees, and employers can expect to see new guidance on several retirement-related topics soon.

  • 2009 HSA contribution limits announced

    The Internal Revenue Service recently released the maximum contribution levels for health savings accounts and out-of-pocket spending limits for high deductible health plans connected to HSAs.

  • PBM giant reaches settlement on deceptive practices

    Not sure if it qualifies as a kiss and make up, but a Valentine's Day settlement worth $38.5 million was reached between CVS Caremark and 28 states.

  • Further clarification on wellness programs

    The Employee Benefits Security Administration recently issued a checklist to help advisers and employers determine whether their wellness and disease management programs comply with the Health Insurance Portability and Accountability Act.

  • SPARK speaks out on fee disclosure

    Following up on the Department of Labor's recently proposed amendments to the fee disclosure regulations under Section 408(b)(2) of ERISA, the SPARK Institute, a group representing the interests of the retirement services industry, is recommending changes to the proposal.

  • Final DOL regs on QDIA offer some fiduciary protection

    Final rules from the Department of Labor specify how contributions may be directed to qualified default investment alternatives.

  • Adviser sheds light on PBM conflicts of interest

    Advisers may realize their work is not done once a pharmacy benefit plan is selected, but they may not be aware of the extent to which this is the case. Fiduciaries could be breaching their responsibilities under ERISA if the revenue streams going to PBMs are not fully understood by the sponsor.

  • Final DOL regs on QDIA offer some fiduciary protection

    Final rules from the Department of Labor specify how contributions may be directed to qualified default investment alternatives.

  • EEOC ruling allows greater flexibility with retiree benefits

    The Equal Employment Opportunity Commission released a final rule that allows employers to revamp retiree health benefits without violating the Age Discrimination in Employment Act.

  • Technology raises new issues for HIPAA privacy compliance

    As health information technology expands, policymakers and employers may have to reevaluate how group health plans and health care providers comply with federal privacy laws.

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