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Don’t Let Your Data or Participants Get Lost in Space

HR Daily Advisor

Sabotage by crew member Dr. Zachary Smith threw the ship off course and launched endless adventures. Establishes process considerations (such as protocols and policies covering testing, updating, reporting, training, data retention, and third-party risks, etc.). They should consider extending that process to retirement plans.

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The Source: Weekly Roundup – April 15th, 2019

PlanSource

Start off your week on a high note with The Source! To Prioritize Retirement Saving May Not Be Best for All Workers. Learn how you can help employees set appropriate financial goals in this Plansponsor interview with Jellyvision. Alexa, can you spell HIPAA? Click To Tweet. And that may only be the beginning.

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Plan Sponsor Groups Call on DOL to Withdraw Proposed Form 5500 Changes

HR Daily Advisor

Department of Labor (DOL) to withdraw the revisions it proposed to the Form 5500 reporting requirements for group health and retirement plans. Two major plan sponsor organizations urged the U.S. The notice of proposed revision was published July 21 (81 Fed. The changes were scheduled to be implemented in 2020 for the 2019 plan year.

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9th Circuit Faults Retiree Plan’s Disclosure of Lifetime Maximum

HR Daily Advisor

However, the court ruled, the plan had failed to disclose this adequately as required by the Employee Retirement Income Security Act (ERISA). A federal appeals court recently confirmed that the Affordable Care Act’s (ACA) prohibition of lifetime benefits maximums does not apply to retiree-only group health plans. The case is King v.