Callan Carter

Common Issues Discovered During Retirement Plan Audits: A Discussion with Diane Wasser

CALLAN G. CARTER, December 27, 2017   I talked with Diane Wasser of EisnerAmper LLP, a national certified public accounting firm with a practice group specializing in the audit of retirement plans, about common issues that Diane and her team discover during their audits of retirement plans. Diane is the Partner-in-Charge of the firm’s Pension Services […]

Back to Basics: Plan Governance

CALLAN CARTER, January 2017   Plan governance is the administrative oversight that assists in ensuring you are managing an effective and compliant employee benefit plan. It provides the structure, authority and processes for implementing and operating benefit plans. Thus, proper plan governance is crucial to plan sponsor functions pertaining to plan design and amendment, as […]

IRS Notice 2015-87: A Grab Bag of ACA, HRA and FSA Guidance

CALLAN CARTER and TIFFANY N. SANTOS, February 2016 – This article was updated March 8, 2016. In a welcome set of “Questions and Answers,” IRS Notice 2015-87 (the “Notice”) provides guidance on various employer group health plan topics. The Notice formalizes and clarifies previously issued FAQs and informal guidance for group health plans implementing the […]

IRS Closes Minimum Value Loophole and Kills Skinny Plans for Employers Subject to Play or Pay Mandate

On November 4, 2014, the Internal Revenue Service (IRS) and the Department of Health and Human Services (HHS) issued Notice 2014-69, disapproving employers’ use of “skinny” health plans that limit coverage for inpatient hospitalization services and/or physician services for the purpose of meeting the minimum value requirement of Internal Revenue Code (the “Code”) section 4980H […]