EXAMINING A RANGE OF EMPLOYEE BENEFITS
AND EXECUTIVE COMPENSATION ISSUES
As we approach the end of the calendar year it is not too early (nor too late) to start discussions about actions that may need to be taken next year relating to Internal Revenue Code (IRC) Section 162(m) (Section 162(m)) performance grants.
The US Treasury Department and Internal Revenue Service (IRS) issued final hybrid plan regulations (or “new regulations”) on November 13, 2015 to address the conflict that plans face when transitioning impermissible interest crediting rates to those that are permitted by existing final hybrid plan regulations—a move that, on its face, would violate the anticutback restrictions of ERISA and the Internal Revenue Code (Code).
The US Equal Employment Opportunity Commission (EEOC) recently published a proposed rule to amend Title II of the Genetic Information Nondiscrimination Act (GINA) as it relates to employer wellness programs that are part of group health plans.
Morgan Lewis has been named the 2016 “Law Firm of the Year” for Employee Benefits (ERISA) Law by U.S. News and World Report – Best Lawyers . According to the publication, the “Law Firm of the Year” practice designation is given to the one law firm in each practice area with “an impressive overall performance” in the given specialization.
In IRS Revenue Procedure 2015-36 (Revenue Procedure), the IRS announced that it will allow prototype and volume submitter employee stock ownership plan (ESOP) documents.
Today, the Internal Revenue Service (IRS) announced the 2016 dollar limitations for retirement plan contributions and other retirement-related items based on its annual cost-of-living adjustments.
Like all things involving governmental health plans, trying to apply an administrative structure designed for traditional employers creates a special set of challenges for the governmental employers sponsoring those plans.
Earlier this year, the US Equal Employment Opportunity Commission (EEOC) published a Notice of Proposed Rulemaking (NPRM) that addresses how Title I of the Americans with Disabilities Act (ADA) applies to employer wellness programs that are integrated with a group health plan.
Earlier this year, the IRS issued proposed regulations under section 83(b) of the Internal Revenue Code that would eliminate the current requirement that a copy of a section 83(b) election be attached to the federal income tax return for the taxable year of the relevant transaction.