Posts tagged 401(k).
On September 19, 2019, the final regulations were published making 401(k) hardships easier for participants. Although there are no major departures from last year’s proposed regulations, plan administrators will want to be aware of several key updates, including –
- The list of safe harbor expenses that are considered to satisfy the “immediate and heavy financial need” threshold has been expanded: the home casualty hardship reason is not limited by IRC 165(h)(5) and need not be in a federally declared disaster area, and expenses incurred as a result of certain federally ...
On May 23, 2019, the House approved the “Setting Every Community Up for Retirement Enhancement (“SECURE Act”) by a vote of 417-3. The SECURE Act generally provides for an increase in retirement savings and improves portability of lifetime income options between plans (Summary). More specifically, the SECURE Act includes provisions that:
- Require 401(k) plans to offer participation to part-time employees who work at least 500 hours in three consecutive years;
- Simplify the 401(k) safe harbor rules relating to the notice requirement and limits on plan amendments;
- Increase ...
Topics/Tags
Select- Labor & Employment Law
- Coronavirus
- Employment Law
- Labor Law
- Employee Benefits and Executive Compensation
- NLRB
- Discrimination
- IRS
- Department of Labor
- Sexual Orientation Discrimination
- Arbitration
- Retirement
- Employer Policies
- ERISA
- NLRA
- Americans with Disabilities Act
- Accommodation
- Race Discrimination
- Litigation
- Social Media
- ACA
- Affordable Car Act
- National Labor Relations Act
- National Labor Relations Board
- Reasonable Accommodation
- Employer Handbook
- Employment Litigation
- EEOC
- Wage & Hour
- 401(k)
- Federal Arbitration Act
- Title VII
- ADAAA
- Paycheck Protection Program
- Workplace Accommodations
- Sexual Harassment
- Employer Rules
- Unions
- Transgender Issues
- Technology
- Employment Settlement Agreements
- Privacy
- Securities Law
- FMLA
- Disability
- Workplace Violence
- Preventive Care Benefits
- Health Savings Account
- SECURE Act
- Sixth Circuit
- US Department of Labor Employee Benefits Security Administration
- Disability Discrimination
- Equal Employment Opportunity Commission
- Fair Labor Standards Act
- OSHA
- Religion Discrimination
- Overtime Pay
- Gender Identity Discrimination
- Posting Requirements
- Class Action Litigation
- Disability Law
- Representative Election Regulations
- E-Discovery
- Evidence
- Department of Justice
- Benefits
- Family and Medical Leave Act
- Environmental Law
- Privacy Laws
- Older Workers' Benefit Protection Act (OWBPA)
- Healthcare Reform
- Telecommuting
- Electronically Stored Information
- Affirmative Action
- Equal Opportunity Clause
- Compensable Time
- Pregnancy Discrimination
- Security Screening
- Supreme Court
- Occupational Safety and Health Administration
- E-Discovery Case Law
- Electronic Data Discovery
- ESI
- Unemployment Insurance Integrity Act
- Attendance Policy
- Return to Work
- Seniority Rights
- American Medical Association
- Classification
- Confidentiality
- Equal Pay
- Fair Minimum Wage
- Federal Minimum Wage
- Genetic Information Discrimination
- Media Policy
- Misclassification
- National Origin Discrimination
- Retaliation
- State Minimum Wage
- Wage Increase
- Disability Leave
- Social Media Content
- Employment Incentives
- HIRE Act
- Social Security Tax
- Taxation
- Antitrust
Recent Posts
- The Practical Employment Law Podcast: Termination Done Right - Part 2
- The Practical Employment Law Podcast: Labor & Employment Update - COVID-19 Issues
- The Practical Employment Law Podcast: Labor & Employment Update Week of 3/1/21
- The Practical Employment Law Podcast: Termination Done Right - Part 1
- The Practical Employment Law Podcast: Welcome 2021 - 5 Things for Employers to Consider
- Congressional Proposal Extends Tax Credits to Companies Providing Paid Leave, but Allows Requirement to Expire
- The Practical Employment Law Podcast: EEOC Issues New Guidance on COVID-19 Vaccinations
- The Practical Employment Law Podcast: Non-Compete Agreements - Five Mistakes by Three Parties
- The Practical Employment Law Podcast: Employment At-Will – Myth or Reality?
- The Practical Employment Law Podcast: COVID-19 Immunity Laws