Tag: EBSA

President Trump has announced his intent to nominate Preston Rutledge as Assistant Secretary of Labor, Employee Benefits Security Administration (EBSA). The position as head of the EBSA has been vacant since Phyllis Borzi stepped down in January 2017. The White House announcement includes highlights of Mr. Rutledge’s career which clearly demonstrate his knowledge and experience…

Mark Twain said, “Supposing is good, but finding out is better.” When it comes to fees employers pay on qualified retirement plans, the U.S. Department of Labor (DOL) wants employers to maintain documentation regarding certain transactions related to retirement plans administration. In fact, the DOL’s Employee Benefits Security Administration (EBSA) is studying disclosures currently required…

By Rick Montgomery, JD, Senior Legal Editor for ThinkHR Corporation On September 11, 2013, the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) posted a Frequently Asked Question (FAQ) stating that employers will not be fined for failing to provide, by October 1, 2013, written notices to their employees about the Health Insurance Marketplace,…

Question:  Does the loss of COBRA due to employees becoming entitled to Medicare create a second qualifying event for the dependents? Answer: Under the federal COBRA rules, an 18-month extension may be available to qualified beneficiaries when the employee becomes entitled to Medicare (providing for a total maximum 36 months of COBRA). According to the…