EBIA Weekly Newsletter

Field Assistance Bulletin Clarifies Guidance for Plan Fiduciaries Considering Economically Targeted Investments and Shareholder Engagement Activities

   May 3, 2018

Field Assistance Bulletin 2018-01 (April 23, 2018) Available at https://www.dol.gov/agencies/ebsa/employers-and-advisers/guidance/field-assistance-bulletins/2018-01 The DOL has issued a Field Assistance Bulletin (FAB) clarifying earlier guidance for fiduciaries of ERISA plans (including 401(k) plans) regarding economically targeted investments (see our Checkpoint article) and shareholder engagement activities (see our Checkpoint Read More

Must Employees Stop Making HSA Contributions When They Become Medicare-Eligible?

   May 3, 2018

QUESTION: Our company offers a high-deductible health plan and allows employees in that plan to make pre-tax HSA contributions. Some of our employees are approaching age 65 and will soon become eligible for age-based Medicare Part A. Must they stop making HSA contributions when they attain age 65? ANSWER: Not necessarily. Medicare Part A eligibility … Read More

Catching Up on Compliance? EBIA Has Resources to Help

   April 26, 2018

If you work with employee benefits, you know how quickly things can change and how challenging compliance can be. EBIA’s Benefits Compliance Library keeps you up-to-date on the legal requirements, with practical tips, checklists, and sample documents that make your job easier. Here are some of the most recent enhancements you’ll find in our COBRA … Read More