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DWC News Update | eDisclosures: Covered Documents

DWC 06/15/20
The Department of Labor’s new rules that expand the electronic distribution of plan-related notices is a long-overdue and welcome change. We have provided a summary of the new eDisclosure rules and taken a closer look at the details on electronic addresses and internet websites. In this episode of eDisclosure, we explore which documents are now ...
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DWC News Update | eDisclosures: A Deep Dive into Electronic Addresses and Internet Websites

DWC 06/8/20
Although the Department of Labor’s new ruling on electronic disclosures doesn’t officially go live until the end of next month, it is already breathing new life into some fairly antiquated-sounding terms. In this episode of eDisclosures, we will dive into exactly what constitutes an acceptable e-address and internet website.
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DWC News Update | New eDisclosure Rules: Maybe This Whole Internet Thing is Going to Stick

DWC 05/29/20
Just before Memorial Day weekend, the Department of Labor published rules allowing plan sponsors to set electronic media as the default method to provide plan information to participants. At more than 150 pages, there are a lot of details in the new rule. We will provide a summary here and follow up with additional posts that explore some of the ...
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The CARES Act Weekly Update | 4.16.2020

DWC 04/16/20
As the conversations surrounding CARES Act provisions continue to evolve, we are constantly updating our FAQs to provide the most in-depth and up to date information. This week, as a result of a lot of hands-on work with our clients to implement these provisions, we have nearly doubled the information available. We've pulled a question from a few ...
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The CARES Act Weekly Update | 4.9.2020

DWC 04/9/20
This week we took a deeper look into participant's self-certification that they are eligible for relief under the Act, as well as the option some service providers are taking to automatically implement CARES Act provisions for any plan that does not affirmatively opt out. For answers to more questions about The CARES Act or other ongoing effects ...
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DWC News Update | The CARES Act: Federal Coronavirus Relief

DWC 03/30/20
On Friday afternoon, March 27th, Congress passed, and the President signed, the Coronavirus Aid, Relief, and Economic Security (CARES) Act - sweeping legislation intended to provide much-needed relief due to the coronavirus public health emergency. At nearly 1,000 pages in total, the legislation covers a lot of ground in a many areas. With respect ...
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DWC News Update | The SECURE Act Has Snuck Through

DWC 12/17/19
(Updated 12/23/2019) Late Friday evening (aboard Air Force One leaving DC for his holiday retreat), President Trump signed the spending bill that included the SECURE Act. In a bit of last-minute maneuvering in Washington, DC, the House of Representatives added the provisions from the SECURE Act to the spending bill that had to be passed by Friday ...
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Pension Pontifications | Q4 2019

DWC 12/12/19
Written by Keith Clark, Managing Partner The end of the year is a time for reflection, and this year we have a lot to look back on. We entered our 20th year of business this past May. Eleven years ago, we started our TPA practice with the goal of differentiating ourselves from the standard industry model. Our emphasis was understanding that we are ...
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DWC News Update | Two Years in the Making: The Final IRS Hardship Distribution Regulations Are Here

DWC 10/24/19
It’s been a while, but we finally have them! Late last month, the IRS published the final hardship distribution regulations, nearly two years after Congress passed the Bipartisan Budget Act and the Tax Cuts and Jobs Act. The good news is that this final version follows the proposed version very closely. So closely in fact, that the IRS outright ...
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Meet the MEPs: What's Next?

DWC 09/18/19
Welcome to the finale of our series on the Department of Labor’s new regulations, updating the definition of “Employer” under ERISA to extend the availability of multiple employer plans to more businesses. We’ve covered a lot of ground so far:
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The views expressed in this blog are those of the authors and do not necessarily represent the views of any other person or organization. All content is provided for informational purposes only and is not intended to be tax or legal advice.