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About this Blog
Welcome to the Snell & Wilmer Benefits Blog. We will be posting about current employee benefits and executive compensation topics and issues. We invite you to contact the authors with your thoughts or questions.Blog Contributors
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Congress Giveth and They Taketh Away — Recent Health Plan Changes
In enacting the Further Consolidated Appropriations Act, 2020, (the “Act”), Congress, among other changes, enacted the following key changes affecting employer group health plans: Repeal of the Cadillac Tax: Most notably, and a huge relief to most employers, Congress repealed … Continue reading
Posted in Employee Benefits, Health & Welfare Plans, Health Care Reform, Qualified Retirement Plans
| Tagged ACA, Affordable Care Act, Cadillac tax, Congress, PCORI
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Will the ACA Stay or Will it Go?
After surviving two Supreme Court cases and numerous repeal efforts, the Affordable Care Act (“ACA”) is in jeopardy again. Despite the law’s uncertainty, employers may want to continue their compliance efforts because: (1) the ACA is currently the law and … Continue reading
Posted in Employee Benefits, Health & Welfare Plans, Health Care Reform
| Tagged ACA, administration, Congress, preexisting condition, repeal, Trump
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Five Lawsuits Filed Against DOL’s Fiduciary Rule (so far)
As we previously discussed in our May 19, 2016 SW Benefits Update, the Department of Labor (“DOL”) recently issued final regulations on fiduciary conflicts of interest in retirement programs. Since 2010 when the DOL first proposed regulations addressing self-interested advice … Continue reading
Posted in Employee Benefits, Qualified Retirement Plans
| Tagged Benefits Update, conflict of interest, Congress, Department of Labor, DOL, fiduciary, fiduciary rule, final regulations, Obama, President Obama, regulations, Senate, veto
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Harkin Unveils USA Retirement Funds Act
Senator Tom Harkin (D-IA) recently unveiled his plan to improve the private retirement system. Senator Harkin’s proposal was the third recent proposal targeting retirement plan savings. President Obama introduced his myRA program during the State of the Union address and … Continue reading
Obama Administration Announces Plan for “Starter” Retirement Accounts
In his State of the Union address on January 28, President Obama announced that he will use his executive authority to direct the Treasury Department to create “myRA”, a starter retirement savings account program. According to White House Fact Sheet, … Continue reading