Nov 13, 2024ย ยท Once the annual open enrollment season closes, beneficiaries may only make changes to their health plan or benefit program within 90 days after a qualifying life event (QLE). Table 2 lists โ€ฆ

Take a participant-directed plan where employees make ยง 401(k) contributions throughout the year, matching contributions are made quarterly, and profit sharing contributions are made once a year. โ€ฆ

Apr 16, 2025ย ยท Health & Welfare Plans Newsletter April 16, 2025 [Official Guidance] Text of Executive Order: Lowering Drug Prices by Once Again Putting Americans First

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In other words, the IRS has not addressed whether plans can be amended to remove the distribution triggers once they are added. Plan sponsors should consider this ambiguity before moving forward โ€ฆ

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