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11 Jul 2013, 3:33 pm by Cynthia Marcotte Stamer
Relief Leaves Large Employers & Other Employers With Much Work To Do While Notice 2013-45 gives Large Employers more time to prepare to comply as well as to communicate with the IRS about the need and options for simplification, employers should continue to aggressively prepare for compliance. [read post]
2 Jul 2013, 12:28 pm by Cynthia Marcotte Stamer
The Connecting Kids to Coverage Outreach and Enrollment Grants were awarded to 41 state agencies, community health centers, school-based organizations and non-profit groups in 22 states; two grantees are multistate organizations. [read post]
26 Jun 2013, 6:21 am by Cynthia Marcotte Stamer
Stamer serves on the Editorial Advisory Board of Employee Benefits News, the editor and publisher of Solutions Law Press HR & Benefits Update and other Solutions Law Press Publications, and active in a multitude of other employee benefits, human resources and other professional and civic organizations. [read post]
5 Jun 2013, 9:06 am by Cynthia Marcotte Stamer
The EBSA Abandoned Plan News Release  and the EBSA’s related response Response to ADP/JP Morgan published June 4, 2013 show an example of how EBSA used its abandoned plan program to give critical relief to JP Morgan Chase Bank NA and ADP Inc. to use to wind up certain abandoned plans without exhausting the 90-day waiting period that ordinarily applies before the termination of a retirement plan based on the best interest of participants pursuant to 29 CFR… [read post]
4 Jun 2013, 9:21 am by Rebecca Shafer, J.D.
Stack, CPA, Director of Operations, Amaxx Risk Solutions, Inc. is an expert in employer communication systems and part of the Amaxx team helping companies reduce their workers compensation costs by 20% to 50%. [read post]
26 May 2013, 1:33 pm by Cynthia Marcotte Stamer
  For instance, an incorrect assumption that an arrangement qualifies as an exempted fixed indemnity product creates a significant likelihood that the employer of other plan and its sponsors and fiduciaries could incur liability under the Employee Retirement Income Security Act  (ERISA), the Internal Revenue Code and/or the Public Health Services Act for failing to comply with mandates assumed inapplicable based on faulty assumptions. [read post]
12 May 2013, 3:02 pm by Cynthia Marcotte Stamer
  Along with these economic concerns, other regulation seeks to safeguard participants and plans against Enron, Madoff or other activities by plan sponsors, investment advisors, executives or others that Congress or regulators perceive inappropriately put retirement and savings of workers at risk. [read post]
9 May 2013, 8:21 am by Cynthia Marcotte Stamer
  Nonexclusive license to republish granted to Solutions Law Press, Inc. [read post]
25 Apr 2013, 5:37 am by Cynthia Marcotte Stamer
  Where the design of the 2014 SBC is too advanced already to do this, the Guidance allows Health Plans to provide the required language by sending the language in a supplemental SBC communication. [read post]
18 Apr 2013, 3:02 pm by Cynthia Marcotte Stamer
 In addition to exhibiting empathy for the victims and understanding for the horrid distraction of those observers impacted less directly, consider the opportunity to offer reassurance by reminding those in your workplaces and communities of the planning, resources and procedures that your community and organization has in place to prevent, mitigate and respond in the event of a family or community disaster. [read post]