IRS Issues Guidance on Coverage of Contraceptives and Other Preventive Services and Supplies The IRS has recently released two notices that change the rules on whether and how certain employer-sponsored health plans can cover the cost of male condoms and over-the-counter oral contraceptives and other specified preventive services… Read more
IRS Issues Guidance on Certain Secure 2.0 Act Provisions On December 20, 2023, the IRS released Notice 2024-2 which provides welcome guidance on a number of provisions affecting qualified retirement plans, including 401(k) plans, under the SECURE 2.0 Act (SECURE 2.0). The Notice also… Read more
IRS Guidance: Pension-Linked Emergency Savings Accounts (PLESA) On January 12, 2024, the IRS issued Notice 2024-22, initial guidance on emergency savings accounts linked to 401(k) plans under the SECURE 2.0 Act. The new provisions, effective for plan years beginning after December 31,… Read more
