Archived Insight | July 29, 2019

HSA-Qualified HDHPs May Now Cover Preventive Care Services

The Treasury Department and the IRS have expanded the list of preventive care benefits that Health Savings Account (HSA)-qualified high-deductible health plans (HDHPs) may cover before individuals meet their applicable deductible.

Effective July 17, 2019, the list now includes preventive treatment for individuals with a range of chronic conditions. Plan sponsors that offer an HDHP should review the new list with their plan administrators and determine how to implement the new rules.

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IRS Notice on Emergency & Domestic Abuse Distribution Taxes

Get the details about the guidance on two discretionary provisions of SECURE 2.0.

Compliance, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate, Retirement

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DOL Report: Pension Buyouts Need More Study

The DOL may revise its 1995 guidance in response to changes in the life insurance industry and pension-risk transfer practices since then.

Retirement, Compliance, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction

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PBGC Finalizes Revised Actuarial Assumptions

The PBGC has issued a final rule updating the valuation assumptions provided under ERISA Section 4044. Get the key updates.

Retirement, Compliance, Multiemployer Plans, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate

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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.