The U.S. Department of Labor (DOL) published a final rule to protect employee contributions deposited to retirement and health plans with fewer than 100 participants by providing a safe harbor period of seven business days following receipt or withholding by employers. The final rule, “Definition of ‘Plan Assets’—Participant Contributions,” was published in the Jan. 14,...
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I just got word of new legislation that affects Texas State Continuation of health coverage. State Continuation is a Texas State Insurance rule that allows terminated employees to choose to keep their group health insurance for a period of time after they leave employment. It is similar to COBRA in the way it works. Most...