27 December 2022
- By
Nina Lantz
We break down key provisions of the new retirement legislation, including automatic enrollment and higher limits on catch-up contributions.
14 November 2022
- By
David E. Forbes, Charles J. Clark
We provide guidance on the SEC's new reporting requirements for future proxy statements regarding defined benefit pension plans.
09 August 2022
- By
Ginny Boggs, Charles J. Clark
Plan sponsors need to review IRS Notice 2022-33 with scrutiny and check with their plan administrative committees and external business partners to assess how they need to proceed.
16 May 2022
- By
Charles J. Clark, Kara Tedesco
Our latest Benefit Alert discusses some of the details and complexities of a Congressional bill that aims to modify the Secure Act of 2019
24 January 2022
- By
Milliman Employee Benefits Research Group
Key administrative dates and deadlines for calendar-year single-employer defined benefit plans subject to ERISA and the Internal Revenue Code.
20 August 2021
- By
Charles J. Clark
These year-over-year increases for tax-qualified employee benefit retirement plans are expected to be greater than those that produced the 2021 IRS limits.
27 January 2021
- By
Charles J. Clark, Christopher R. Wood
The first step for the 117th Congress in enacting relief for defined benefit pension plans from the consequences of the COVID-19 pandemic is included in “The Emergency Pension Plan Relief Act of 2021.”
29 December 2020
- By
Bret Linton, Vicki Mazzie, Vanessa Vaag
In addition to annual funding for the federal government and provisions on economic stimulus necessitated by the COVID-19 pandemic, the Consolidated Appropriations Act, 2021, enacted on December 27, includes temporary relief from the minimum vesting standards tax rules for employer-sponsored retirement plans- both defined contribution and defined benefit pension plans.
23 October 2020
- By
Dominick Pizzano, Sarah Murray
This alert speculates on possible increases in Federal Insurance Contributions Act tax and why there may be interest in the “early inclusion” option under Internal Revenue Code §3121(v) for sponsors of and participants in non-account balance (i.e., defined benefit) non-qualified deferred compensation plans, also commonly referred to as supplemental executive retirement plans or “Top-Hats.”
02 September 2020
- By
Charles J. Clark, Ginny Boggs
The Department of Labor’s Employee Benefits Security Administration has published an interim final rule describing calculation methodology and model language to “obtain relief from liability” in the presentation of “Lifetime Income Illustrations” applicable to ERISA-covered defined contribution (individual account) plans, the intent of which is likely a regulatory safe harbor.
29 April 2020
- By
Bret Linton, Vicki Mazzie, Vanessa Vaag
The Coronavirus Aid, Relief, and Economic Security Act permits a “qualified individual” to certify to the employer that they qualify to elect a coronavirus-related distribution.
25 November 2019
- By
Milliman Employee Benefits Research Group
This card lists the 2020 key limits for employer-sponsored retirement plans, Social Security and Medicare levels, and health savings account limits set by federal agencies.
19 November 2019
- By
Milliman Employee Benefits Research Group
Key administrative dates and deadlines for calendar-year defined contribution retirement plans subject to ERISA and the Internal Revenue Code.
18 November 2019
- By
Milliman Employee Benefits Research Group
Key administrative dates and deadlines for calendar-year single-employer defined benefit plans subject to ERISA and the Internal Revenue Code.
06 November 2019
- By
Milliman Employee Benefits Research Group
Key administrative dates and deadlines for defined benefit plans subject to ERISA and the Internal Revenue Code.
25 February 2019
- By
Dominic Clark
Central and Eastern Europe’s experience of the pension reform process can illuminate some of the pitfalls of embracing systemic pension reforms too eagerly, with subsequent reversal of these reforms occurring some years later as governments found themselves increasingly under financial strain.
30 January 2019
- By
Milliman Employee Benefits Research Group
Key administrative dates and deadlines for defined contribution retirement plans subject to ERISA and the Internal Revenue Code.
22 January 2019
- By
Christine Castle, Barbara Culley
How can employers prepare for and address opioid abuse and misuse?
07 December 2018
- By
Jennifer M. Fleck
This article discusses items for employers to consider when group disability and life insurance benefits come up for renewal.
04 December 2018
- By
Milliman Employee Benefits Research Group
Key administrative dates and deadlines for defined benefit plans subject to ERISA and the Internal Revenue Code: Multiemployer.
05 November 2018
- By
Michelle N. Angeloni, Rebekah D. Bayram, Joe Becker, Brandy N. Millen
This issue of Benefits Perspectives features an article comparing and contrasting three volatility-based investment strategies and discussing the implications of applying them in a retirement plan and an article about managing pharmacy costs through focused analytics.
17 January 2018
- By
Milliman Employee Benefits Research Group
Key administrative dates and deadlines for defined benefit plans subject to ERISA and the Internal Revenue Code: Multiemployer.
28 December 2017
- By
Milliman Employee Benefits Research Group
Key administrative dates and deadlines for defined benefit plans subject to ERISA and the Internal Revenue Code: Single-employer.
13 January 2017
- By
Milliman Employee Benefits Research Group
Key administrative dates and deadlines for defined contribution retirement plans subject to ERISA and the Internal Revenue Code.
03 January 2017
- By
Milliman Employee Benefits Research Group
Key administrative dates and deadlines for defined benefit plans subject to ERISA and the Internal Revenue Code: Single-employer.
