Chester County News and Community Website
WASHINGTON, D.C. — Recently, the U.S. Department of Labor’s Employee Benefits Security Administration released Field Assistance Bulletin 2021-03 announcing a temporary enforcement policy regarding the new fee transparency disclosure requirements added to …
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WASHINGTON, D.C. — To help address COVID-related labor shortages, the Internal Revenue Service is reminding employers that they generally will not jeopardize the tax status of their pension plans if …
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VALLEY FORGE, PA — Vanguard recently announced plans to introduce an auto portability service for 401(k) sponsor clients and their participants. The firm has engaged Retirement Clearinghouse, LLC (RCH)—a leading …
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PHILADELPHIA, PA — In an investigative and legal pursuit that spanned more than 18 years, the U.S. Department of Labor announced it recently obtained a final order in a Pennsylvania …
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As we begin to transition out of the pandemic, it’s important to consider steps that can help provide you and your loved ones a more stable financial future. Just consider …
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WASHINGTON, D.C. — The Internal Revenue Service has issued guidance on the taxability of dependent care assistance programs for 2021 and 2022, clarifying that amounts attributable to carryovers or an …
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Many people are reassessing goals in light of the turmoil of the last year. There is a renewed focus on gaining control of finances, especially through increased saving and getting …
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As businesses continue to deal with the pandemic and look for ways to assist their employees, Section 139 payments are a great way to benefit both the employee and the …
Read MoreWASHINGTON, D.C. — The Internal Revenue Service is providing greater flexibility, due to the pandemic, to employee benefit plans offering health flexible spending arrangements (FSAs) or dependent care assistance programs. …
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WASHINGTON, D.C. — The Internal Revenue Service has posted updated FAQs about recent legislation that extended and amended tax relief to certain small- and mid-sized employers under the Families First …
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